A $155 credit item is posted as a debit. The trial balance column totals therefore will differ by
A) $310
B) $620
C) $155
D) $0
A
You might also like to view...
Which the following organizations is primarily responsible for establishing GAAP today?
a. Financial Accounting Standards Board (FASB) b. Securities and Exchange Commission (SEC) c. Internal Revenue Service (IRS) d. Federal Government
__________ consists of larger amounts of funds provided for companies that have a team in place and a product or service tested or piloted, but as yet show little or no revenue.
a. Startup loans b. Seed-stage financing c. Startup financing d. Early-stage financing
Charlie's belief that promotions are awarded to the supervisor's pets regardless of merit indicates that he has
A. high self-esteem.. B. low emotional intelligence. C. an external locus of control. D. authoritarian personality. E. low risk propensity.
If managers could develop reward systems that retained the best producers and caused poor performers to leave, the overall effectiveness of an organization would improve.
Answer the following statement true (T) or false (F)