Multiple Choice
Which of the following is TRUE if the total of the Adjusted Trial Balance debit column exceeds the total of the Adjusted Trial Balance credit column by $12,000?
A) The company has a net loss of $12,000.
B) The company has net income of $12,000.
C) There is an error.
D) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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