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15 August, 13:11

The Interest Expense in the worksheet's unadjusted trial balance column is $3,500. Interest Expense in the income statement column is $14,000. Which of the following entries would have caused this difference?

A. a $10,500 debit to Interest Expense in the worksheet's adjustments column

B. a $14,000 credit to Interest Expense in the worksheet's adjustments column

C. a $14,000 credit to Interest Payable in the worksheet's adjustments column

D. a $10,500 credit to Interest Expense in the worksheet's adjustments column

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Answers (1)
  1. 15 August, 13:31
    0
    correct option is A. a $10,500 debit to Interest Expense in the worksheet's adjustments column

    Explanation:

    given data

    un adjusted trial balance = $3,500

    income statement = $14,000

    solution

    as we have given debit balance of un adjusted trail balance = $3000

    it means that $14000 - $3500 = $10500 is not record in an un adjusted trail balance

    so as that amount will show or add in an adjustment worksheet column

    then here $14000 show in income statement

    so correct option is A. a $10,500 debit to Interest Expense in the worksheet's adjustments column
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