The net income (or loss) for the period 4. a. b. c. d. Is found by computing the difference between the income statement credit column and the balance sheet credit column on the work sheet. Cannot be found on the work sheet. Is found by computing the difference between the income statement columns of the work sheet. Is found by computing the difference between the trial balance totals and the adjusted trial balance totals. Closing entries may be prepared from all but which one of the following sources? Adjusted balances in the ledger. 5. a. b. C. d. Income and owner's equity statements. Income statement and balance sheet columns of the work sheet. Balance sheet