Multiple Choice
Which of the following errors would cause the Balance Sheet and Statement of Owner's Equity columns of a work sheet to be out of balance?
A) Entering an asset amount in the Income Statement Debit column.
B) Entering a liability amount in the Income Statement Credit column.
C) Entering an expense amount in the Balance Sheet and Statement of Owner's Equity Debit column.
D) Entering a revenue amount in the Balance Sheet and Statement of Owner's Equity Debit column.
E) Entering a liability amount in the Balance Sheet and Statement of Owner's Equity Credit column.
Correct Answer:

Verified
Correct Answer:
Verified
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