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13 Dec 2019
What is TRUE if the income statement credit column exceeds the income statement debit column on a worksheet?
The company has net income.
The company has a net loss.
The capital account decreased during the period.
The capital earnings account stayed the same during the period.
What is TRUE if the income statement credit column exceeds the income statement debit column on a worksheet?
The company has net income. |
The company has a net loss. |
The capital account decreased during the period. |
The capital earnings account stayed the same during the period. |
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