On the work sheet,a net income is entered in the Income Statement Credit column and in the Statement of Changes in Equity or Balance Sheet Debit column.

Name: On the work sheet,a net income is entered in the Income Statement Credit column and in the Statement of Changes in Equity or Balance Sheet Debit column.
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Net income is entered as a credit in the Income Statement Credit column, but it is entered as a credit in the Statement of Changes in Equity column and as a debit in the Balance Sheet column.

On the Work Sheet,a Net Income Is Entered in the Income