A trial balance will NOT balance if
A) an amount is posted to the wrong account.
B) a transaction has been entered twice.
C) a transaction has been omitted.
D) only the debit side of a journal entry has been posted.
Correct Answer:
Verified
Q11: Adjusting entries are necessary to
1. obtain
Q12: An example of a temporary account is
A)
Q14: The debit and credit analysis of a
Q15: Which of the following statements is true
Q17: The double-entry accounting system means
A) each transaction
Q18: Factors that shape an accounting system include
Q19: The main purpose of a trial balance
Q20: A trial balance
A) is a list of
Q21: Which of the following must be considered
Q25: The accounting equation must remain in balance
A)
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