amount for e (Click the icon to view the unadjusted trial balance.) Required Complete the accounting equation below, and then below each Element, select whether it is a debit or credit account. Finally, enter the amount for each element into the accounting equation, using $27,500 for owner's equity. Note that the equation will not balance for owner's equity. Note that the equation will not balance Why is the equation out of balance? A. The Unadjusted Trial Balance does not balance because there are errors with the amounts of several accounts. B. Not all of the elements of owner's equity were included in the $27,500. The revenue and expense accounts were not included C. The Unadjusted Trial Balance does not balance because the expense accounts are included and they should not be D. Not all of the elements of owner's equity were included in the $27,500. The Net Income or Net Loss amounts and Larissa Clay, Withdrawals were not included Requirement 2. Determine the equation to compute White Cottage Management Services's net income or net loss for March 2022. Indicate which element is a debit amount and which element is a credit amount Does net income represent a net debit or a net credit? Does net loss represent a net debit or a net credit? Complete the equation below to compute the net income or net loss. Indicate whether revenues and expenses have debit or credit balances. Calculate the net income (net loss) Unadjusted Trial Balance