On a Worksheet,the Income Statement Debit Column Totals $10,200 and the Credit

question 116

Multiple Choice

On a worksheet,the income statement debit column totals $10,200 and the credit column totals $10,000.Which of the following statements is correct?

• A)The company had a net loss of $200.
• B)The company had a net income of $200.
• C)The company's revenues were greater than expenses.
• D)None of the above are correct.

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