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21) After all the account balances have been extended to all columns of the worksheet, the totals of the debit and credit columns for the
21) After all the account balances have been extended to all columns of the worksheet, the totals of the debit and credit columns for the income statement columns are $35,350 and $38,750, respectively It can be concluded the company has a A) net income of $3,400 net loss of $3,400 C) $74, 100 net loss D) $74, 100 net income
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