In double entry bookkeeping, a trial balance is prepared. The expected result is ____.

A. a cash account balance of zero
B. that cash and expense accounts have equal balances
C. that credit accounts and debit accounts have equal totals
D. that the assets and liabilities have equal totals


Answer: C

Health Professions

You might also like to view...

What is a solid material?

a. A form of matter existing in a rigid state independent of the size or shape of its container b. A form of matter that does not possess a characteristic shape; rather, its shape depends upon the shape of the container it occupies c. An acid d. An ignitable material

Health Professions

A serious crime, such as rape or murder, is classified as a(n):

a. felony b. violation c. act of treason d. misdemeanor

Health Professions

Which of the following is false?

a. Each unique ICD-10-CM diagnosis code may be reported only once for an encounter. b. The guidelines for reporting inpatient and outpatient services are identical. c. Ruled-out conditions are reported in the inpatient setting. d. NCHS is a member of the Cooperating Parties.

Health Professions

Conecutting of the radiographic image most likely results from an error made in which of the following steps?

A) Placement of the image receptor B) Horizontal angulation C) Vertical angulation D) Centering the x-ray beam

Health Professions