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On a Worksheet,the Income Statement Debit Column Totals $10,500 and the Credit

Question 109

Multiple Choice

On a worksheet,the income statement debit column totals $10,500 and the credit column totals $10,300.Which of the following statements is correct?


A) The company had a net loss of $200.
B) The company had a net income of $200.
C) The company's revenues were greater than expenses.
D) None of the above is correct.

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