In preparing a work sheet an adjusted trial balance amount is mistakenly sorted to the wrong work sheet column. The Balance Sheet columns will balance on completing the work sheet but with the wrong net income, if the amount sorted in error is:

A) An expense amount placed in the Balance Sheet Credit column.
B) A revenue amount placed in the Balance Sheet Debit column.
C) A liability amount placed in the Income Statement Credit column.
D) An asset amount placed in the Balance Sheet Credit column.
E) A liability amount placed in the Balance Sheet Debit column.


C) A liability amount placed in the Income Statement Credit column.

Business

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Which of the following companies is most likely to avoid the formation of sales territories?

A. A large distributor of books B. A global consumer products manufacturer C. A small company that makes custom architectural pieces D. A leading manufacturer of small engines E. A company that supplies the inventory for convenience stores in 35 states

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Irish labor relations are greatly influenced by the labor relations system in _______________________________.

Fill in the blank(s) with the appropriate word(s).

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Leadership traits are easily observed whereas behaviors are more difficult to see.

a. true b. false

Business

In some circumstances, the presentation of research by a U.S. scientist at a convention in a foreign nation may require an export license

Indicate whether the statement is true or false

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