After all of the account balances have been extended to the Balance Sheet columns of the work sheet, the totals of the debit and credit columns show debits of $36,678 and the credits of $41,101. This indicates that

A. neither net income or loss can be calculated because it is found on the income statement

B. the company has a net loss of $4,423 for the period

C. the company has a net income of $4,423 for the period

D. The amounts are out of balance and need to be corrected

D. The amounts are out of balance and need to be corrected

Explanation:

The debit side is less which means there is no income / loss mistreatment.

There must be some disposition error or some adjustment left out.

There are three kinds of errors in the trial balance

Error of omission

Error of Disposition

Error of adjustment

This could be any of the above given errors and needs to be corrected it has no income/ loss factor.

The error of omission occurs when the numbers are omitted.

The error of disposition occurs when the numbers are dispositioned such as 855 is written as 58.

answer(c) factors of production;