The Income Statement Columns on a Worksheet Have Subtotals as Follows

Multiple Choice

The income statement columns on a worksheet have subtotals as follows: debit column,$12,000,and credit column,$9,000.This indicates that:

A) the company incurred a net loss of $3,000.
B) the company earned a net income of $1,500.
C) there was an error in the unadjusted trial balance columns.
D) there was an error in the income statement columns.