An error has el 1-chap 4 quiz - Compatibility M... ~ nces Mailings Review View Help A

An error has

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el 1-chap 4 quiz - Compatibility M... ~ nces Mailings Review View Help A Aa D V A V PEE 4 ailable Search Normal No Spacing Heading 1 Heading: 197 2 Z Paragraph A) $1,800 credit balance in the income statement columns B) $1,800 credit balance in the balance sheet columns C) $12,600 credit balance in the adjusted trial balance columns D) $11,600 debit balance in the balance sheet columns 14) Accumulated amortization is found on the: A) trial balance credit column, adjustments credit column, adjusted trial balance credit column, and balance sheet credit column of a work sheet B) trial balance credit column and income statement debit column of a work sheet Styles C) trial balance debit column, adjustments debit column, adjusted trial balance credit column, and income statement credit column of a work sheet D) trial balance credit column, adjustments credit column, adjusted trial balance credit column, and balance sheet debit column of a work sheet 15) An error has been made on the work sheet if: A) the trial balance columns and the adjusted trial balance columns are not equal B) the unadjusted trial balance column is in balance C) the adjusted trial balance debit column and credit column do not equal D) the income statement columns do not equal the balance sheet columns 16) Revenues total $20,200, expenses total $17,300, and the owner's withdrawals account has a balance of $2,600. What is the balance in the income summary account after all closing entries are completed? 14) 15) 16) A) $2,900 credit B) $2,900 debit C) $0 D) $2,600 credit 17) I 17) Revenues total $20,200, expenses total $17,300, and the owner's withdrawals account has a balance of $12,600. What is the balance in the income summary account prior to closing nef income or net loss? A) $300 credit B) $300 debit C) $2,900 debit ASUS Vivobook D) $2,900 credit el 1-chap 4 quiz - Compatibility M... ~ nces Mailings Review View Help A Aa D V A V PEE 4 ailable Search Normal No Spacing Heading 1 Heading: 197 2 Z Paragraph A) $1,800 credit balance in the income statement columns B) $1,800 credit balance in the balance sheet columns C) $12,600 credit balance in the adjusted trial balance columns D) $11,600 debit balance in the balance sheet columns 14) Accumulated amortization is found on the: A) trial balance credit column, adjustments credit column, adjusted trial balance credit column, and balance sheet credit column of a work sheet B) trial balance credit column and income statement debit column of a work sheet Styles C) trial balance debit column, adjustments debit column, adjusted trial balance credit column, and income statement credit column of a work sheet D) trial balance credit column, adjustments credit column, adjusted trial balance credit column, and balance sheet debit column of a work sheet 15) An error has been made on the work sheet if: A) the trial balance columns and the adjusted trial balance columns are not equal B) the unadjusted trial balance column is in balance C) the adjusted trial balance debit column and credit column do not equal D) the income statement columns do not equal the balance sheet columns 16) Revenues total $20,200, expenses total $17,300, and the owner's withdrawals account has a balance of $2,600. What is the balance in the income summary account after all closing entries are completed? 14) 15) 16) A) $2,900 credit B) $2,900 debit C) $0 D) $2,600 credit 17) I 17) Revenues total $20,200, expenses total $17,300, and the owner's withdrawals account has a balance of $12,600. What is the balance in the income summary account prior to closing nef income or net loss? A) $300 credit B) $300 debit C) $2,900 debit ASUS Vivobook D) $2,900 credit