Question: A partial worksheet for Ackler Adjusters is presented below. Debit Credit Debit Credit Total 20980 16580 56000 60400 Net income (c) 4400 4400 20980 20980

A partial worksheet for Ackler Adjusters is presented below.

Debit

Credit

Debit

Credit

Total

20980

16580

56000

60400

Net income (c)

4400

4400

20980

20980

60400

60400

Why c) is Net income, How do we calculate c)?

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