Multiple Choice
After all of the account balances have been extended to the Balance Sheet columns of the work sheet,the totals of the debit and credit columns are $36,755 and $32,735,respectively.What is the amount of net income or net loss for the period?
A) $4,020 net income
B) $36,755 net loss
C) $4,020 net loss
D) $32,735 net income
Correct Answer:
Verified
Correct Answer:
Verified
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