A budget generally includes both financial and nonfinancial aspects of the plan.
Indicate whether this statement is true or false.
Question 2
If the totals of the Income Statement debit and credit columns of a work sheet are 27,000 and 29,000, respectively, after all account balances have been extended, the amount of the net loss is 2,000.
a. True
b. False
Indicate whether the statement is true or false