menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Principles Study Set 3
  4. Exam
    Exam 3: Adjusting the Accounts
  5. Question
    Adjusting Entries Are Not Necessary If the Trial Balance Debit
Solved

Adjusting Entries Are Not Necessary If the Trial Balance Debit

Question 183

Question 183

True/False

Adjusting entries are not necessary if the trial balance debit and credit columns balances are equal.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q36: In general the shorter the time period

Q43: Can financial statements be prepared directly from

Q84: Unearned revenues are<br>A) received and recorded as

Q153: An adjusting entry recording accrued salaries for

Q179: On July 1, Runner's Sports Store paid

Q180: Expenses sometimes make their contribution to revenue

Q181: Niagara Corporation purchased a one-year insurance policy

Q184: Wham Company accumulates the following adjustment data

Q188: Arrow Company prepares monthly financial statements. On

Q256: The fiscal year of a business is

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines