On a Trial Balance,if the Debit and Credit Column Totals

question 98

Multiple Choice

On a trial balance,if the Debit and Credit column totals are equal,then:

• A)All transactions have been recorded correctly.
• B)All entries from the journal have been posted to the ledger correctly.
• C)All ledger account balances are correct.
• D)Equal debits and credits have been recorded for transactions.
• E)The balance sheet would be correct.

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Definitions:

Molar Behavior

A perspective in behavioral science that considers behaviors in large units that have meaningful outcomes or goals, rather than focusing on isolated actions.

Persistently Goal-Directed

Characterized by consistent and prolonged effort towards achieving specific objectives.

Selectivity of Routes

The preference or exclusivity in the choice of paths or methods to achieve a certain goal or outcome.

Cognitive Processes

The mental actions or operations that support learning, understanding, and decision-making.