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