For each scenario, calculate the net income/loss, identify if it is net income or loss, and finalize the totals for the Income Statement and Balance Sheet columns. SMART TOUCH LEARNING Worksheet December 31, 2016 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet Account Names Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Total 41,900 41,900 8,000 8,000 44,800 44,800 12,000 15,600 32,800 29,200 Net Income correct incorrect correct correct incorrect Total incorrect incorrect incorrect incorrect SMART TOUCH LEARNING Worksheet December 31, 2016 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet Account Names Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Total 53,200 53,200 6,700 6,700 54,200 54,200 39,600 35,300 14,600 18,900 Net Loss correct correct incorrect incorrect correct Total incorrect incorrect incorrect incorrect