25 Income from operations will always result if a. revenues exceed operating expenses. O b. gross profit exceeds operating expenses. O c. the cost of goods sold exceeds operating expenses. O d....

q(25+27)This multible choice question from ACCOUNTING PRINCIPLES I.just write for me the final answer.

Extracted text: 25 Income from operations will always result if a. revenues exceed operating expenses. O b. gross profit exceeds operating expenses. O c. the cost of goods sold exceeds operating expenses. O d. revenues exceed cost of goods sold. - 27 The adjusted trial balance is prepared O a. After adjusting entries have been journalized and posted b. Before the trial balance c. After financial statements are prepared. O d. To prove the equality of total assets and total liabilities