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The Difference Between the Totals of the Debit and Credit

Question 99

Multiple Choice

The difference between the totals of the debit and credit columns of the Adjusted Trial Balance columns on a work sheet


A) is the amount of net income or loss
B) indicates there is an error on the work sheet
C) is not unusual when preparing the work sheet
D) is the net difference between revenue, expenses, and dividends

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