Question: Exercise 4 - 1 ( Algo ) Assigning account balances on a work sheet LO P 1 Select the financial statement column to which the

Exercise 4-1(Algo) Assigning account balances on a work sheet LO P1
Select the financial statement column to which the normal account balance is extended.
Debit column for the Income Statement columns.
Credit column for the Income Statement columns.
Debit column for the Balance Sheet & Statement of Owners Equity columns.
Credit column for the Balance Sheet & Statement of Owners Equity columns.

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