32.In a work sheet, net income is entered in the following columns:   a. Income Statement (Dr) and Balance Sheet (Dr) b. Income Statement (Dr) and Balance Sheet (Cr). c. Income Statement (Cr) and Balance Sheet (Cr). d. Income Statement (Cr) and Balance Sheet (Dr).

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Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.