Which of the Following Amounts Appears in Both the Income

question 118

Multiple Choice

Which of the following amounts appears in both the Income Statement debit column and the Balance Sheet credit column of a worksheet?

• A)Net income.
• B)Net loss.
• C)Dividends.
• D)Retained earnings.

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Definitions:

Inorganic

Refers to chemical substances that are not made up of carbon-hydrogen bonds, typically including minerals, metals, and salts.

Particle Size

A characteristic measuring the dimensions of particles in a material or substance, impacting properties like flow, reactivity, and dispersion.

Clay

A natural, Earthy material composed of fine-grained minerals, often used in making pottery, bricks, and sculptures.

Sand

Fine, granular material, composed mainly of rock and mineral particles, prevalent in deserts, beaches, and riverbeds, used in construction and manufacturing.