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Fast2F Fast2F
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6 years ago
The balance sheet columns on the worksheet prepared for Cleveland Foods had subtotals as follows: debit column, $13,000, and credit column, $10,400. This information indicates that:
A) the company incurred a net income of $2,600.
B) the unadjusted trial balance has an error.
C) an error was made when preparing the adjustments in the worksheet.
D) the company incurred a net loss of $2,600.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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LaffioLaffio
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6 years ago
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