Commercial sources of information typically legitimize and evaluate products for buyers

Where does net income appear on a worksheet?

A) Net income appears only in the income statement debit column. B) Net income appears in the balance sheet credit column and in the income statement debit column. C) Net income appears in the income statement credit column and in the balance sheet debit column. D) Net income appears only in the balance sheet credit column.

The financial institution upon which a check is written is the payee of a check

Indicate whether the statement is true or false