After all of the account balances have been extended to the Balance Sheet columns of...
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Accounting
After all of the account balances have been extended to the Balance Sheet columns of the end-of-period spreadsheet, the Debit and Credit columns show totals of $30,054 and $38,513, respectively. This indicates that
a.the company has a net income of $8,459 for the period.
b.the company has a net loss of $8,459 for the period.
c.the company has revenue of $38,513 for the period.
d.the amounts are out of balance and need to be corrected.
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