If Revenues Are Larger Than Expenses, the Resulting Net Income

question 76

Multiple Choice

If revenues are larger than expenses, the resulting net income would be recorded

• A) on the credit side of the income statement columns of the work sheet.
• B) on the debit side of the balance sheet columns of the work sheet.
• C) on the debit side of the income statement columns of the work sheet.
• D) none of the answers listed.