Why is the net income for a period recorded in the Balance Sheet section of the worksheet

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Why is the net income for a period recorded in the Balance Sheet section of the worksheet as well as the Income Statement section?

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College Accounting A Contemporary Approach

ISBN: 9781265647308

6th Edition

Authors: M. David Haddock, John Price, Michael Farina

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Question Posted: Sep 28, 2023 02:36 AM

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Why is the net income for a period recorded in the Balance Sheet section of the worksheet

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College Accounting A Contemporary Approach

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