Question: On a worksheet, the balance sheet debit column total is $700 and the credit column total is $1,800. Which of the following statements is correct?

On a worksheet, the balance sheet debit column total is $700 and the credit column total is $1,800. Which of the following statements is correct? Question content area bottom Part 1 A. The company had a net income of $1,100. B. The company's expenses were less than revenues. C. The company had a loss of $1,100. D. None of the above is correct

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