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Home Q & A Board Other Fields Homework Help Business Accounting
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gOOvER gOOvER
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6 years ago
After all the account balances have been extended to all columns  of the worksheet, the totals of the debit and credit columns for the income statement columns are $35,350 and $38,750, respectively. It can be concluded the company has a:
A) net income of $3,400.
B) net loss of $3,400.
C) $74,100 net loss.
D) $74,100 net income.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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raovatallpyraovatallpy
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gOOvER Author
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5 years ago
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