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A Trial Balance Will Balance Even If

Question 162

Multiple Choice

A trial balance will balance even if


A) a journal entry to record the purchase of equipment for cash of $45,000 is not posted.
B) a $10,000 cash dividend is debited to dividends for $10,000 and credited to cash for $1,000.
C) a $300 collection on accounts receivable is credited to accounts receivable for $300 without a corresponding debit.
D) a purchase of supplies for $575 on account is debited to supplies for $575 and credited to accounts payable for $557.

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