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 earned in a month

True
Or
False

Answer 1

the right answer es true

Step-by-step 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.