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On a worksheet, the Balance Sheet debit column total is $25,000 and the credit column total is $15,000. Which of the following statements is correct?
On a worksheet, the Balance Sheet debit column total is $25,000 and the credit column total is $15,000. Which of the following statements is correct? A. The company had a net income of $3,000. B. The company had a net income of $10,000. C. The company's expenses were greater than revenues. D. None of the above are correct statements
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Accounting For Non-Accountants
Authors: David Horner
10th Edition
0749472812, 978-0749472818
