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In preparing a worksheet, a net loss would be computed and entered in the:

a. debit column of the income statement columns of the worksheet. b. credit column of the income statement columns of the worksheet. c. in the debit column of the adjusted trial balance. d. in the credit column of the balance sheet columns of the worksheet.

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Question added by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed
Date Posted: 2014/04/23
IYKE JOHNSON
by IYKE JOHNSON , Financial Analyst , SHELL PETROLEUM DEVELOPMENT CORPORATION

credit colum of the worksheet

ahmed alagizy
by ahmed alagizy , Senior accountant , Almafraq medical Centre - Alsalama hospital group

b- credit colums of the income statment of hte worksheet.

Umashankar Mukherjee
by Umashankar Mukherjee , COUNTRY SALES MANAGER , GODREJ CONSUMER PRODUCTS LTD

A net loss will be computed in the credit column  of the income statement.

B) credit column in income statement

Gabr Yassen
by Gabr Yassen , محاسب مالي , كايرو تريد

 correct answer :a . debit column of the income statement columns of the work sheet 

Ahmed Abdi Mahad
by Ahmed Abdi Mahad , Director of Internal Auditing Directorate , Jigjiga University

Choice B in the credit column of income statement of worksheet is the answer for this question

awais khalid
by awais khalid , ERP Functional Consultant , Colony Textile Mills

its A.debit side of income statement.

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