If revenues are larger than expenses, the resulting net income would be recorded a. on the debit

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If revenues are larger than expenses, the resulting net income would be recorded

a. on the debit side of the income statement columns of the work sheet.

b. on the credit side of the income statement columns of the work sheet.

c. on the debit side of the balance sheet columns of the work sheet.

d. None of these listed answers are correct.

Related Book For answer-question

College Accounting

ISBN: 978-1111528126

11th edition

Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille

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Posted Date: Dec 30, 2020 03:17 AM

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If revenues are larger than expenses, the resulting net income would be recorded a. on the debit

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