Multiple Choice
If the totals of a trial balance are not equal, it could be due to
A) a failure to record or post a transaction.
B) recording the same incorrect amount for both the debit and the credit parts of a transaction.
C) an error in calculating the account balances.
D) recording the transaction more than once.
Correct Answer:

Verified
Correct Answer:
Verified
Q106: Prepaid expenses are recorded as<br>A)expenses on the
Q107: Evidence that would not help with determining
Q108: The normal balance of the Dividends Declared
Q109: A trial balance is a listing of
Q110: In its simplest form, a T account
Q113: The equality of debits and credits is
Q114: The ledger accounts should be arranged in<br>A)date
Q115: Usually, a trial balance is prepared<br>A)at the
Q116: The first step in the recording process
Q136: An increase in an asset is recorded