Multiple Choice
A company accidentally records the rent payment twice in October. The effect on the trial balance will be:
A) debits will be more than credits.
B) credits will be more than debits.
C) debits will still be equal to credits.
D) not enough information provided.
Correct Answer:

Verified
Correct Answer:
Verified
Q32: Anthoney Inc's trial balance contains the following
Q33: A company has an $11,263 credit balance
Q34: A company has a $4568 debit balance
Q35: A trial balance will determine if:<br>A)an entry
Q36: Office Furniture, Wages Payable and Dividends have
Q38: A type of asset in which a
Q39: Credit means:<br>A)decrease.<br>B)increase.<br>C)the right side of an account.<br>D)the
Q40: Caesar's Company's trial balance contains the following
Q41: Every entry in the general journal should
Q42: The account "Notes Payable" began with a