In Which of the Columns of the Worksheet Would Net

question 205

Multiple Choice

In which of the columns of the worksheet would Net Income be found?

• A) the unadjusted trial balance credit column, the adjusted trial balance credit column, and the balance sheet credit column
• B) the unadjusted trial balance debit column, the adjusted trial balance debit column, and the balance sheet debit column
• C) the balance sheet debit column and the income statement credit column
• D) the balance sheet credit column and the income statement debit column

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Definitions:

Detect Causes

The process of identifying factors or conditions that lead to the occurrence of a particular event or phenomenon.

Stereotypes

Widely held but fixed and oversimplified images or ideas of a particular type of person or thing, which often do not reflect reality.

Self-Fulfilling Prophecies

Expectations about a situation or person that lead to behaviors which cause the expectation to come true.

Cognitive Dissonance

A psychological concept describing the discomfort felt when holding conflicting cognition, beliefs, or values, prompting individuals to seek consistency.