The net income for an accounting period can be determined using the worksheet by comparing the balances and determining the difference between the balances in the two
A) only the Income Statement columns.
B) Income Statement or Balance Sheet columns.
C) Balance Sheet and Income Statement Debit columns.
D) Balance Sheet and Income Statement Credit columns.

Question

Quizplus · Accepted Answer

The Answer of The net income for an accounting period can be determined using the worksheet by comparing the balances and determining the difference between the balances in the two
A) only the Income Statement columns.
B) Income Statement or Balance Sheet columns.
C) Balance Sheet and Income Statement Debit columns.
D) Balance Sheet and Income Statement Credit columns.

The Net Income for an Accounting Period Can Be Determined