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Home Q & A Board Other Fields Homework Help Business Accounting
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majestico majestico
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7 years ago
The income statement columns on a worksheet have subtotals as follows: debit column, $12,000, and credit column, $9,000. This indicates that:
A) the company earned a net income of $1,500.
B) there was an error in the income statement columns.
C) the company incurred a net loss of $3,000.
D) there was an error in the unadjusted trial balance columns.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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keytwokeytwo
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majestico Author
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7 years ago
I swear you're the best
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