10 15 8 12 14 16 17 9 13 20 18 7 3 4 5 22 6 21 2 25 11 34 19 42 23 46 43 44 38 39 40 45 26 41 24 27 29 31 36 37 28 32 33 30 35 47 48 49 50 Question 2 8 points Save Ans Which of the following statements is accurate about gains and losses? O A. A loss has a Debit balance and is shown on the balance sheet. A gain has a Credit balance and is shown on the balance sheet. . A loss has a Debit balance and is shown on the Income Statement. A gain has a Credit balance and is shown on the Income Statement. OC. A loss has a Debit balance and is shown on the Income Statement. A gain has a Credit balance and is shown on the Balance Sheet. OD A loss has a Credit balance and is shown on the Income Statement. A gain has a Debit balance and is shown on the Income Statement. 85F AQI 70