The Difference Between the Totals of the Debit and Credit

question 82

Multiple Choice

The difference between the totals of the Debit and Credit columns of the Adjusted Trial Balance columns on the end-of-period spreadsheet

• A) is the amount of net income or loss
• B) indicates there is an error on the work sheet
• C) is the amount of owner's equity
• D) is the difference between revenue and expenses