If the Two Totals of a Trial Balance Are Not

question 211

Multiple Choice

If the two totals of a trial balance are not equal, it could be due to

• A) failure to record a transaction
• B) recording the same erroneous amount for both the debit and the credit parts of a transaction
• C) an error in determining the account balances, such as a balance being incorrectly computed
• D) recording the same transaction more than once

Recognize the sources of authority for local and federal government actions.

Identify federal laws that impact individual health insurance benefits.

Understand how government controls and influences individual and public health.

Grasp the constitutional basis for the distribution of power among different levels of government.

---

Definitions:

Advertising Expense

The cost incurred in promoting products or services through various media to attract potential customers.

Internet Advertising

Marketing and promotional activities carried out online, using various platforms to reach a target audience.

Journal Entry

A record in accounting that represents a transaction in which values are entered on both the debit and credit sides of a company's ledger.

Catered Reception

A Catered Reception is an event where food and drinks are provided by an external service, typically for special occasions such as weddings, meetings, or corporate events.