When the End-Of-Period Spreadsheet Is Complete, the Adjustment Columns Should

Multiple Choice

When the end-of-period spreadsheet is complete, the adjustment columns should have

A) total credits greater than total debits if a net income was earned
B) total debits greater than total credits if a net loss was incurred
C) total debits greater than total credits if a net income was earned
D) total debits equal to total credits