19 In work sheet Net loss of $ 100,000 should be shown as a. Debit balance in the adjusted trial balance O b. Debit balance in the Balance sheet O . Credit balance in Balance sheet O d. Debit balance...


these multiple choice Questions from ACCOUNTING PRINCIPLES 1 Course.I need the final.


19<br>In work sheet Net loss of $ 100,000 should be shown as<br>a. Debit balance in the adjusted trial balance<br>O b. Debit balance in the Balance sheet<br>O . Credit balance in Balance sheet<br>O d. Debit balance in income statement<br>10<br>An unacceptable way to make a correcting entry is to<br>a. Reverse the incorrect entry<br>O b. Erase (delete) the incorrect entry<br>O . Correct it immediately upon discovery<br>O d. Compare the incorrect entry with the correct entry and make a correcting entry<br>

Extracted text: 19 In work sheet Net loss of $ 100,000 should be shown as a. Debit balance in the adjusted trial balance O b. Debit balance in the Balance sheet O . Credit balance in Balance sheet O d. Debit balance in income statement 10 An unacceptable way to make a correcting entry is to a. Reverse the incorrect entry O b. Erase (delete) the incorrect entry O . Correct it immediately upon discovery O d. Compare the incorrect entry with the correct entry and make a correcting entry

Jun 10, 2022
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