Which of the following statements are correct about completing a work sheet?

Multiple select question.

If a loss occurs, it is added to the Debit column of the Balance Sheet.

If a net income occurs, it is added to the Credit column of the Balance Sheet.

If a net income occurs, it is added to the Debit column of the Income Statement.

The words "net income" or "net loss" should be written on a line in the Income Statement columns of the worksheet.

Adding net income to the Credit column of the Balance Sheet & Owner's Equity columns implies that it is to be added to Owner, Capital.