If the Balance Sheet and Statement of Retained Earnings columns of a work sheet fail to balance when the net income is added to the Balance Sheet and Statement of Retained Earnings Credit column, the cause could be:
A. An expense entered in the Balance Sheet and Statement of Retained Earnings Credit column.
B. An expense entered in the Balance Sheet and Statement of Retained Earnings Debit column.
C. A revenue entered in the Balance Sheet and Statement of Retained Earnings Credit column.
D. An asset amount entered in the Income Statement and Statement of Retained Earnings Debit column.
E. A liability amount entered in the Income Statement and Statement of Retained Earnings Credit column.
Answer: A
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