When the Income Statement columns of the work sheet are initially footed,they should be in balance.

Name: When the Income Statement columns of the work sheet are initially footed,they should be in balance.
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When the Income Statement columns of the work sheet are initially footed, they may not be in balance because these columns are used to calculate the net income or net loss, which is only determined after all revenues and expenses are accounted for and offset against each other.

When the Income Statement Columns of the Work Sheet Are