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If the Balance Sheet Columns of a Work Sheet Fail

Question 95

Multiple Choice

If the Balance Sheet columns of a work sheet fail to balance when the amount of the net income is added to the Balance Sheet Credit column,the cause could be:


A) An expense amount entered in the Balance Sheet Debit column
B) A revenue amount entered in the Balance Sheet Credit column
C) An asset amount entered in the Income Statement Debit column
D) A liability amount entered in the Income Statement Credit column
E) An expense amount entered in the Balance Sheet Credit column

Correct Answer:

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