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Show Which Columns Would Contain the Adjusted Balances by Placing

Question 71

Essay

Show which columns would contain the adjusted balances by placing an "x" in the appropriate column.Assume all accounts have normal balances.
 Income Statement Balance Sheet Debit Credit Debit Credit    \begin{array}{llcc}& \text { Income Statement } &&\text {Balance Sheet} \\ \text { Debit } &\text {Credit}&\text { Debit }& \text {Credit}\\ \text { } &\\ \text { } &\\ \text { } &\\ \text { } &\\\end{array}
Show which columns would contain the adjusted balances by placing an x in the appropriate column.Assume all accounts have normal balances. \begin{array}{llcc} & \text { Income Statement } &&\text {Balance Sheet} \\ \text { Debit } &\text {Credit}&\text { Debit }& \text {Credit}\\ \text { } &\\ \text { } &\\ \text { } &\\ \text { } &\\ \end{array}

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