The income statement and balance sheet columns of Pine Company’s worksheet reflects the following totals:
Income Statement Balance SheetDr. Cr. Dr. Cr.
Totals $58,000 $48,000 $34,000 $44,000
To enter the net income (or loss) for the period into the above worksheet requires an entry to the __________.
A. income statement debit column and the income statement credit columnB. income statement credit column and the balance sheet debit column
C. income statement debit column and the balance sheet credit column
D. balance sheet debit column and the balance sheet credit column