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Marshwinds Wind Farm Is Producing Its First Financial Statements for Its

Question 45

Multiple Choice

Marshwinds Wind Farm is producing its first financial statements for its bank. The trial balance does NOT balance. The company should


A) create a new account called "suspense" and use it to balance the trial balance.
B) give the incorrect trial balance to the bank.
C) ask the bank for more time to find the error.
D) increase one of the larger accounts so that the trial balance will balance.

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