Which of the following statements is accurate about gains and losses? 8 points A gain has a Credit balance and is shown on the balance sheet. A loss has a Debit balance and is shown on the balance sheet. A gain has a Debit balance and is shown on the Income Statement. A loss has a Credit balance and is shown on the Income OB. Statement A gain has a Credit balance and is shown on the Balance Sheet. A loss has a Debit balance and is shown on the income Statement A gain has a Credit balance and is shown on the Income Statement. A loss has a Debit balance and is shown on the income D. Statement Question 3 The estimated use the company expects to receive from the asset before disposing of it is . Residual value OB. Always zero Oc Service Life Different depending on the depreciation method used OD