【单选题】The following statements describing net income are all correct except that______.
A.
net income is computed in the income statement, appears in the statement of owner's equity, and increases owner's equity in the balance sheet
B.
net income is equal to revenues minus expenses
C.
net income is computed in the income statement, appears in the statement of owner's equity, and increases the amount of cash shown in the balance sheet
D.
net income can be determined using the account balances appearing in an adjusted trial balance