If the totals of a trial balance are not equal, it could be due to
A) a failure to record or post a transaction.
B) recording the same incorrect amount for both the debit and the credit parts of a transaction.
C) an error in calculating the account balances.
D) recording the transaction more than once.
Correct Answer:
Verified
Q135: A trial balance is prepared
A)on a monthly
Q136: Management could determine the amounts due from
Q137: A trial balance will not balance when
A)a
Q138: Which of the following is an asset?
A)Service
Q139: A trial balance is a listing of
Q140: Posting is performed by transferring information from
Q141: A trial balance would only help in
Q142: Which of the following errors, each considered
Q143: A trial balance proves
A)the mathematical equality of
Q145: A trial balance usually
A)lists all the debit
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