Multiple Choice
A trial balance showed total debits of $540,000 and total credits of $450,000. This discrepancy is most likely due to which type of error?
A) Slide
B) Transposition
C) Mislabeling
D) Failure to post a transaction
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q39: The credit side of an account:<br>A)is the
Q40: Performing services on account would:<br>A)decrease both assets
Q41: The normal balance of Accounts Receivable is
Q42: The normal balance for any account is
Q43: An account with a normal debit balance
Q46: George P. Smythe Co. purchased equipment from
Q48: An account is increased by a debit
Q69: A company paid cash for an amount
Q164: The payment of salaries to employees would:<br>A)
Q183: An account will have a debit balance