The income statement is prepared from

A) the adjusted trial balance
B) the Income Statement columns of the end-of-period spreadsheet
C) either the adjusted trial balance or the Income Statement columns of the end-of-period spreadsheet
D) both the adjusted trial balance and the Income Statement columns of the end-of-period spreadsheet

Income Statement Columns

The structured classification of financial data in the income statement, typically involving revenues, expenses, and net income or loss.

Adjusted Trial Balance

The Adjusted Trial Balance is a list of all accounts and their balances after adjusting entries are made, serving as a checkpoint before financial statements are prepared.