If the trial balance is out of balance and the difference between the debits and the credits is divisible evenly by 9 then there is a transposition error.
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Q17: The normal balance in an asset account
Q18: An asset is increased by a debit.
Q19: Each time a transaction is recorded; one
Q20: Source documents can provide evidence that a
Q21: If a journal entry is posted twice,
Q23: A ledger is the entire group of
Q24: Preparing the trial balance is the first
Q25: If the trial balance balances, it proves
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Q27: For the trial balance to balance, the
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