Which of the Following Is Incorrect Regarding a Trial Balance

question 176

Multiple Choice

Which of the following is incorrect regarding a trial balance?

• A) It proves that the debits equal the credits after posting.
• B) It proves that the company has recorded all transactions.
• C) A trial balance uncovers errors in journalizing and posting.
• D) A trial balance is useful in the preparation of financial statements.

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Definitions:

Insulated

Protected with a material that prevents heat, sound, or electricity from escaping or entering.

Square Feet

A measure of area equivalent to a square that is one foot on each side.

Irregularly-shaped

Describing an object or area that lacks a regular or uniform shape.

Random Points

Specific locations or values chosen without any particular pattern, order, or predictability.