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Which of the following is true regarding the end-of-period spreadsheet? a.Amounts are read across a row...

Which of the following is true regarding the end-of-period spreadsheet?

a.Amounts are read across a row and added or subtracted to determine the amounts to insert in the Adjusted Trial Balance columns.

b.The Adjustments columns need not be totaled.

c.The difference in the totals of the Adjustments columns indicates the net income or loss for the period.

d.Closing entries are entered in the Adjustments columns.

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