A trial balance may balance even when each of the following occurs except when
A) a transaction is not journalized.
B) a journal entry is posted twice.
C) incorrect accounts are used in journalizing.
D) a transposition error is made.
Correct Answer:
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Q73: The double-entry system requires that each transaction
Q74: Which of the accounts listed below is
Q75: At January 31, 2021, the balance in
Q76: A compound journal entry involves
A)two accounts.
B)three accounts
Q77: The ledger accounts should be arranged in
A)chronological
Q79: The chart of accounts is a
A)list of
Q80: Under a double-entry system, show how the
Q81: A new account is opened for each
Q82: Transactions are entered in the ledger accounts
Q83: The journal provides a chronological record of
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