Ask Question
1 February, 13:03

When you prove a journal at the end of each month the difference between the totals of the debit and credit columns is the amount of profit earned in a month

True

Or

False

+4
Answers (1)
  1. 1 February, 13:57
    0
    the right answer es true

    Explanation:

    If at the end of the month the sum of the debit column (expenses) is less than the sum of the credit column (income), that means that at that date the company is making a profit.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “When you prove a journal at the end of each month the difference between the totals of the debit and credit columns is the amount of profit ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers