A Trial Balance

question 29

Multiple Choice

A trial balance

• A) will not balance if a correct journal entry is posted twice.
• B) proves that all transactions have been recorded.
• C) proves that transactions are recorded correctly.
• D) is the same under GAAP and IFRS.

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Definitions:

Martha Chase

An American geneticist who, along with Alfred Hershey, performed experiments confirming that DNA is the genetic material of life.

Experiments

Carefully designed procedures to test hypotheses, establish cause and effect, or discover new phenomena under controlled conditions.

Phosphodiester Bonds

chemical bonds that link nucleotides together in DNA and RNA, forming the backbone of these molecules.

Sugar

A category of soluble, sweet-tasting carbohydrates found naturally in foods, used primarily for energy in living organisms.