4. A completed worksheet for Holiday Company on December 31, 2019, showed a total of $930,000 in...

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4. A completed worksheet for Holiday Company on December 31, 2019, showed a total of

$930,000 in the debit column of the Income Statement section and a total credit of $902,000 in the credit column. Does this represent a profit or a loss for the year? How much?

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