Which of the following errors will cause the trial balance to be out of balance?
A) An entire transaction was entered in the general journal as $27 instead of $72.
B) An entire transaction was omitted from the general journal.
C) The balance of an account was incorrectly computed.
D) A debit entry was entered in the wrong debit account.
C
You might also like to view...
When Fred sends in the box top from his cereal to receive a free DVD of a cartoon featuring one of his favorite characters, he is responding to a ________
A) self-liquidating premium B) with-pack premium C) reduced-price pack D) banded pack E) free in-the-mail premium
A(n) ________ is a scale in which the numbers are used to rate objects such that numerically equal distances on the scale represent equal distances in the characteristic being measured
A) nominal scale B) ordinal scale C) interval scale D) ratio scale E) random scale
In an efficient market, stock prices adjust quickly to new public information
Indicate whether the statement is true or false
Rounding the solution of an LP Relaxation to the nearest integer values provides
a. a feasible but not necessarily optimal integer solution. b. an integer solution that is optimal. c. an integer solution that might be neither feasible nor optimal. d. an infeasible solution.