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In the process of completing a work sheet, you determine that the Income Statement debit column totals $83,000, while the Income Statement credit column totals
In the process of completing a work sheet, you determine that the Income Statement debit column totals $83,000, while the Income Statement credit column totals $65,000. To enter net income (or net loss) for the period into the work sheet would require an entry to Question 12 options: the Adjustments debit column and the Adjustments credit column. the Unadjusted Trial Balance debit column and the Adjustments credit column. it is not practical to enter Net Income (or Net Loss) on the work sheet. the Balance Sheet & Statement of Owner's Equity debit column and the Income Statement credit column. the Income Statement debit column and the Balance Sheet & Statement of Owner's Equity credit column
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