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Just Before Preparing Financial Statements, an Inexperienced Accountant Recorded the Use

Question 29

Multiple Choice

Just before preparing financial statements, an inexperienced accountant recorded the use of supplies by debiting supplies expense $100 and debiting supplies $100.Which of the following is most true?


A) The transaction was recorded correctly.
B) The unadjusted trial balance will be an effective internal control for detecting any error.
C) The adjusted trial balance will be an effective internal control for detecting any error.
D) Sequential transaction numbering will be an effective internal control for detecting any error.

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