(Click the icon to view the unadjusted trial balance.) quired "A. Not all of the elements of owner's equity were included in the $27,000. The Net Income or Net L B. The Unadjusted Trial Balance does not balance because there are errors with the amounts of su C. The Unadjusted Trial Balance does not balance because the expense accounts are included an D. Not all of the elements of owner's equity were included in the $27,000. The revenue and expens requirement 2. Determine the equation to compute Wally Cottage Management Services's net income oes 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 expe Revenues Expenses Net income (net loss) Credit Debit 9800 7570 2230 V Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining C Type here to search Does net income represent a net debit or not credit? Explain Net income represents a not debit because revenues have a normal credit balance while expenses have a normal debit balance, and to have a net income, revenues must be greater than expenses