After net income is entered on the work sheet the balance, Ask an Expert

Accounting

After net income is entered on the work sheet, the Balance Sheet debit and credit columns must:

A. be the same amount as the total amount of the Income Statement debit and credit columns

B. equal each other

C. be the same amount as the total amount in the Adjusted Trial Balance debit and credit columns

D. not be equal to each other and need not be the same total amounts as any other pair of columns on the work sheet

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9444994

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