If the Income Statement Debit and Credit Columns on a Work

Multiple Choice

If the Income Statement Debit and Credit columns on a work sheet are not equal after adding the respective columns,

A) an error has been made.
B) the company generated a net income.
C) the company incurred a net loss.
D) the liabilities must exceed the assets.
E) the company either generated a net income or incurred a net loss.