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A- Revenue minus expense B- zero C-1 D- other answer
A- Revenue minus expense............
In the end of the period, after posting net income should be equal D-other answer.
A-net income should equal to Revenue minus expense
A Revenue minus Expenses should be net Income
Net income is equal to gross profit - other operating costs
The correct answer is d
d) net loss
In double entry system all debits should be equal to all credits
A->>>>......... Revenue minus expense
correct answer is Zero
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