Final answer:
The drawing account is shown as a debit on the trial balance columns of the worksheet, not as a credit. Assets and expenses are debited, while liabilities are credited, which aligns with the principle that the total assets must equal the sum of liabilities and net worth in T-accounts.
Step-by-step explanation:
Concerning the trial balance columns of the worksheet, the correct statement is that C. The drawing account is shown as a debit. A typical trial balance includes assets listed as debits and liabilities as credits. Owner's drawing accounts are personal accounts that represent amounts drawn out of the business by the owner, and these accounts are always shown as debits on the trial balance. Conversely, expenses are also recorded as debits indicating money spent or costs incurred in earning revenue.
In the context of a bank's T-account, assets are recorded on the left side and include cash reserves, loans made, and securities held; liabilities are recorded on the right side and include deposits made by customers. The net worth or equity is also on the right side, helping the account to balance by ensuring that total assets always equal liabilities plus net worth.