The Balance Sheet columns on the worksheet prepared for the Villeneuve Company had subtotals as follows debit column, $14,000, and credit column, $14,600. This information indicates that
A) the company incurred a net income of $600.
B) the company incurred a net loss of $600.
C) an error was made when preparing the adjustments in the worksheet.
D) a mathematical error was made in the worksheet.
Correct Answer:
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