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

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

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter4: Income Measurement And Accrual Accounting

Section: Chapter Questions

Problem 4.34E

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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

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