Where Does Net Income Appear on a Worksheet

question 9

Multiple Choice

Where does Net Income appear on a worksheet?

• A)Net income appears only in the income statement debit column.
• B)Net income appears in the balance sheet credit column and in the income statement debit column.
• C)Net income appears in the income statement credit column and in the balance sheet debit column.
• D)Net income appears only in the balance sheet credit column.

---

Definitions:

Flash Mob

A large group of people who assemble suddenly in a public place, perform an unusual act for a short time, then quickly disperse.

Guerrilla Marketing

Innovative, unconventional, and low-cost marketing techniques aimed at obtaining maximum exposure for a product or brand.

4 Ps

Another term for the Marketing Mix, emphasizing the combination of Product, Price, Place, and Promotion in creating marketing strategies.

Owner Personality

The unique set of personal traits and characteristics of a business owner that influences their decisions and leadership style.