If a Posting Error Has Occurred Whereby a Debit Is

question 151

Multiple Choice

If a posting error has occurred whereby a debit is treated as a credit,then the out-of-balance amount on the trial balance will be evenly divisible by:

• A)11.
• B)9.
• C)2.
• D)5.

---

Definitions:

Total Return

The overall financial gain or loss from an investment, taking into account both capital appreciation and dividends or interest.

Capital Gain

The profit from selling a capital asset for more than its purchase price.

Dividends

Payments made by a corporation to its shareholders from the earnings of the company, usually in the form of cash or stocks.