Truck Expense Miscellaneous Expense Totals Feedback 3. The trial balance is prepared from the ending balances of the ledger accounts. Be careful to put the debit balances in the Debit column and the credit balances in the Credit column. Remember the trial balance column totals should be equal. 4. Calculate Revenues - Expenses = Net Income. Learning Objective 1, Learning Objective 2, Learning Objective 3 and Learning Objective 4. 4. Determine the excess of revenues over expenses for October. $ Feedback Correct