Question

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

Answer 1

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

Step-by-step 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