Which of the following accounts would appear in the revenue statement debit pillar of the​ worksheet?Unearned RevenueService RevenuePrepaid InsuranceDepreciation Expense
The Interest price in the​ worksheet"s unadjusted attempt balance tower is​ $1,000. Interest cost in the earnings statement shaft is​ $12,000. I m sorry of the adhering to entries would have actually caused this​ difference? a​ $12,000 credit transaction to Interest cost in the​ worksheet"s adjustments columnb$11,000 debit come Interest expense in the​ worksheet"s adjustments columnc​ $11,000 credit to Interest cost in the​ worksheet"s adjustments columnd $12,000 credit to attention Payable in the​ worksheet"s adjustments column
Which of the complying with statements worrying the worksheet is​ correct?When a worksheet is​ used, over there is no need to make newspaper entries.A worksheet is composed of seven sections.A perfect worksheet is a substitute because that the gaue won statements.Section 5​ (Income Statement) and also Section 6​ (Balance Sheet) space optional.

You are watching: In which of the columns of the worksheet would net income be found?


When preparing a​ worksheet, net revenue is recorded in the​ _______.income statement debit columnbalance paper debit columnincome statement credit transaction columnadjusted trial balance debit column
Which of the complying with is true the a completed​ worksheet?The complete debits in the revenue statement pillar equal the total credits in the balance sheet column.The complete debits in the unadjusted trial balance pillar equal the total debits in the changed trial balance column.The total of all the debit columns is same to the complete of every the credit transaction columns.
Which of the following statements is true if the earnings statement credit obelisk exceeds the income statement debit column on a​ worksheet?The retained income account diminished during the period.An error was made.The company incurred a network loss.The agency made a network profit.
The worksheet helps accountants to​ ________.prepare the jae won statementsprepare the unadjusted trial balanceprepare the attempt balancemaintain publications of accounts without a journal
The worksheet is an external tool that have the right to be provided to assist in record adjusting entries and preparing financial statements.TrueFalse
Prepaid rent in the​ worksheet"s unadjusted psychological balance obelisk is $ 7 comma 000. Prepaid rental in the balance sheet column is $ 6 comma 000. I m sorry of the complying with entries would have caused this​ difference? $ 1 comma 000 debit entry come Prepaid rental in the​ worksheet"s adjustments column$ 1 comma 000 credit entry come Prepaid rental in the​ worksheet"s adjustments pillar $ 1 comma 000 credit transaction entry come Rent expense in the​ worksheet"s adjustments column
Which of the adhering to accounts would appear in the balance paper credit pillar of the​ worksheet?Prepaid InsuranceService RevenueBuildingsUnearned Revenue
Which the the complying with accounts would appear in the balance paper debit column of the​ worksheet?Prepaid InsuranceAccumulated DepreciationService RevenueUnearned Revenue
Which the the complying with statements is true the the​ worksheet?The worksheet is a kind of journal.The worksheet is a tool that takes the ar of financial explain preparation.The worksheet is a paper used to summary data to prepare financial statements.
The revenue statement section of the worksheet includes​ ________.Service Revenue and also Utilities ExpenseLand and also Salaries PayableCommon​ Stock, Retained​ Earnings, and also DividendsFurniture and also Cash
The Interest cost in the​ worksheet"s unadjusted attempt balance pillar is $ 1 comma 000. Interest price in the earnings statement column is $ 11 comma 000. I beg your pardon of the adhering to entries would have caused this​ difference? $ 10 comma 000 debit to Interest cost in the​ worksheet"s adjustments column$ 11 comma 000 credit transaction to Interest expense in the​ worksheet"s adjustments column$ 10 comma 000 credit transaction to Interest price in the​ worksheet"s adjustments column
Which that the following readjusted balances would show up in the balance paper credit obelisk of a​ worksheet?Salaries PayableRent RevenueEquipmentInsurance Expense
In which of the columns of a worksheet would a network loss be​ found?in the unadjusted attempt balance debit​ column, the readjusted trial balance debit​ column, and the balance paper debit columnin the balance sheet debit column and also the income statement credit columnin the balance sheet credit transaction column and the earnings statement debit column
In which of the columns the the worksheet would Net income be​ found?the unadjusted attempt balance credit​ column, the readjusted trial balance credit​ column, and also the balance sheet credit columnthe balance sheet credit column and also the income statement debit columnthe unadjusted trial balance debit​ column, the adjusted trial balance debit​ column, and the balance paper debit column
Which that the complying with statements is true if the revenue statement debit obelisk exceeds the income statement credit pillar of a​ worksheet?The agency made a network profit.The retained earnings account increased throughout the period.An error was made.The company incurred a net loss.

See more: At What Ph Did You See The Highest Activity Of Salivary Amylase


Where does network income appear on a​ worksheet?Net income appears only in the revenue statement debit column.Net income appears in the revenue statement credit column and in the balance paper debit column.Net income shows up in the balance sheet credit column and in the revenue statement debit column.Net income shows up only in the balance sheet credit transaction column.
})}else;window.location.assign("https://historicsweetsballroom.com/explanations/textbook-solutions/glencoe-accounting-first-year-course-1st-edition-9780078688294");">
*

})}else;window.location.assign("https://historicsweetsballroom.com/explanations/textbook-solutions/managerial-accounting-with-connect-plus-15th-edition-9781259279478");">
*

})}else;window.location.assign("https://historicsweetsballroom.com/explanations/textbook-solutions/financial-accounting-5th-edition-9781259914898");">
*

})}else;window.location.assign("https://historicsweetsballroom.com/explanations/textbook-solutions/myaccountinglab-with-pearson-etext-instant-access-for-financial-accounting-9th-edition-9780132753661");">
*

MyAccountingLab v Pearson eText -- Instant accessibility -- because that Financial Accounting9th EditionCharles T. Horngren
window.historicsweetsballroom.com<"productClickLinkData"> = <"name":"ACCT 5/6","id":"286445167","price":"","category":"premium content","variant":"study guide","position":"","brand":"e1680c">; QLoad("historicsweetsballroom.com.productClickLinkData"); return;})}elsewindow.historicsweetsballroom.com<"productClickLinkData"> = <"name":"ACCT 5/6","id":"286445167","price":"","category":"premium content","variant":"study guide","position":"","brand":"e1680c">; QLoad("historicsweetsballroom.com.productClickLinkData"); return;;window.location.assign("https://historicsweetsballroom.com/286445167/acct-56-flash-cards/");" id="1-286445167">