Solved

A Company Omitted a Journal Entry to Record Service Revenue

Question 138

Multiple Choice

A company omitted a journal entry to record service revenue of $5,000 on account.Is the trial balance out of balance?


A) No.
B) Yes,by $5,000.
C) Yes,by $10,000.
D) Yes,by an indeterminate amount.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions