11 which inventory appears in the balance sheet column of the worksheet a ending inv 4303529

 

11) Which inventory appears in the balance sheet column of the worksheet?

A) Ending inventory

B) Beginning inventory

C) Combination of beginning and ending inventories

D) Purchases

12) The adjusted trial balance on the worksheet:

A) contains balances from the permanent accounts.

B) contains balances from the temporary accounts.

C) contains balances for all accounts with balances.

D) contains balances for accounts not requiring adjustments.

13) The trial balance columns on the worksheet are populated using the:

A) general journal.

B) general ledger.

C) subsidiary ledger.

D) None of the above

14) Sales would be found on the worksheet in the:

A) income statement debit column.

B) income statement credit column.

C) balance sheet debit column.

D) balance sheet credit column.

15) Beginning Merchandise Inventory would be found on the worksheet in the:

A) income statement debit column.

B) income statement credit column.

C) balance sheet debit column.

D) balance sheet credit column.

16) Owner's Withdrawals would be found on the worksheet in the:

A) income statement debit column.

B) income statement credit column.

C) balance sheet debit column.

D) balance sheet credit column.

17) Owner's Capital would be found on the worksheet in the:

A) income statement debit column.

B) income statement credit column.

C) balance sheet debit column.

D) balance sheet credit column.

18) The adjusted trial balance represents the combination of the unadjusted trial balance and the adjustments columns.

19) On the worksheet, accumulated depreciation appears in the balance sheet columns.

20) On the worksheet, the Beginning Inventory account is found in the debit column of the Balance Sheet.