Net loss is shown in the balance sheet as ________.

An asset

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A liability

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An addition to capital

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A deduction from capital

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Solution

The correct option is D
A deduction from capital

Net loss is deducted from capital in the balance sheet.

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Net loss is shown in the balance sheet as ________.

The correct option is D A deduction from capital Net loss is deducted from capital in the balance sheet.

The correct option is D
A deduction from capital

Net loss is deducted from capital in the balance sheet.