If the debit and credit totals of a trial balance are not equal, it could be due to the following type of error.
A) Failure to record a transaction.
B) Recording the same erroneous amount for both the debit and the credit sides of a transaction.
C) Incorrectly adding the debit side of the trial balance.
D) Recording the same transaction more than once.
Correct Answer:
Verified
Q121: A credit to an asset account was
Q122: A credit to an asset account was
Q123: Posting is the transferring of information from
Q124: The trial balance lists the accounts
A) alphabetically.
B)
Q125: The informal listing of the ledger accounts
Q127: A running balance is maintained in the
Q128: A debit to a liability account was
Q129: A debit to the Capital account was
Q130: If the business records a number as
Q131: A credit to an asset account was
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