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2. In a worksheet, net income is entered in the following columns: a. income statement (Dr) and statement of financial position (Dr). b. income statement

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2. In a worksheet, net income is entered in the following columns: a. income statement (Dr) and statement of financial position (Dr). b. income statement (Cr) and statement of financial position (Dr). c. income statement (Dr) and statement of financial position (Cr). d. income statement (Cr) and statement of financial position (Cr). 3. When a net loss has occurred, Income Summary is: a. debited and Retained Earnings is credited. b. credited and Retained Earnings is debited. c. debited and Dividends is credited. d. credited and Dividends is debited

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