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

Corporate Financial Accounting
14th Edition
ISBN:9781305653535
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter14: Financial Statement Analysis
Section: Chapter Questions
Problem 14.9BE
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q13)This multible choice question from ACCOUNTING PRINCIPLES I.just write for me the final answer.

13
In work sheet Net loss of $ 100,000 should be shown as
a. Debit balance in the Balance sheet
O b. Debit balance in the adjusted trial balance
O . Credit balance in Balance sheet
O d. Debit balance in income statement
Transcribed Image Text:13 In work sheet Net loss of $ 100,000 should be shown as a. Debit balance in the Balance sheet O b. Debit balance in the adjusted trial balance O . Credit balance in Balance sheet O d. Debit balance in income statement
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