11) If an account has a debit balance of $600 in the Trial Balance section of a worksheet and there is a debit entry of $300 in the Adjustments section, the account balance in the Adjusted Trial Balance section of the worksheet is a

Group of answer choices

$900 debit.

$300 debit.

$300 credit.

$900 credit.

12) The net income for an accounting period appears on the worksheet in the

Group of answer choices

Income Statement Debit column only.

Income Statement Credit column only.

Income Statement Credit and the Balance Sheet Debit columns.

Income Statement Debit and the Balance Sheet Credit columns.

13)

The ending merchandise inventory is recorded on the worksheet in the

Group of answer choices

Income Statement Credit and the Balance Sheet Debit columns.

Income Statement Credit column only.

Balance Sheet Debit column only.

Income Statement Debit column only.

4)

Which of the following accounts is not closed?

Group of answer choices

Purchases

Rent Expense

Sales

Merchandise Inventory

15) Which of the following accounts is not closed?

Group of answer choices

Accumulated Depreciation

Depreciation Expense

Interest Expense

Sales Returns and Allowances

Answer rating: 100% (QA)

11 15 Debit bal Debit entry 300 Adjusted balance A 900 The appeeo... View the full answer