CHAPTER 4-COMPLETING THE ACCOUNTING CYCLE Page 1 of 5 Next Which of the following is true regarding the end-of-period spreadsheet? O a Closing entries are entered in the Adjustments cofumns o b. The difference in the totals of the Adjustments columns indicates the net income or loss for the period c The Adjustments columns need not be totaled O d. Amounts are read across a row and added or subtracted to determine the amounts to insert in the Adjusted Trial Bala