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What is TRUE if the income statement credit column exceeds the income statement debit column on a worksheet? The company has net income. The company
What is TRUE if the income statement credit column exceeds the income statement debit column on a worksheet?
| The company has net income. |
| The company has a net loss. |
| The capital account decreased during the period. |
| The capital earnings account stayed the same during the period. |
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Accounting And Business Ethics An Introduction
Authors: Ken McPhail, Diane Walters
1st Edition
0674018788, 9780415362368
