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A company's worksheet for the month of March showed the following totals in the Income Statement Section: total debits of $11,000; and total credits of
A company's worksheet for the month of March showed the following totals in the Income Statement Section: total debits of $11,000; and total credits of $8,000. These totals can be used to determine that: Multiple choice question. net income equals $3,000 net loss equals $3,000 net loss equals $19,000 net income equals $19,000
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