After net income is entered on the end-of-period spreadsheet, the Balance Sheet Debit and Credit...
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Accounting
After net income is entered on the endofperiod spreadsheet, the Balance Sheet Debit and Credit columns must be the same amount as the total amount of the Income Statement Debit and Credit columns equal each other be the same amount as the total amount in the Adjusted Trial Balance Debit and Credit columns not be equal to each other and need not be the same total amounts as any other pair of columns on the work sheet
After net income is entered on the endofperiod spreadsheet, the Balance Sheet Debit and Credit columns must
be the same amount as the total amount of the Income Statement Debit and Credit columns
equal each other
be the same amount as the total amount in the Adjusted Trial Balance Debit and Credit columns
not be equal to each other and need not be the same total amounts as any other pair of columns on the work sheet
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