Adjusting Entries Are Not Necessary If the Trial Balance Debit

question 183

True/False

Adjusting entries are not necessary if the trial balance debit and credit columns balances are equal.

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Definitions:

Fifth Amendment

A part of the U.S. Constitution that provides several protections for people accused of crimes, including protection against self-incrimination and double jeopardy.

Constitution

The supreme law in the United States, establishing the framework of the federal government and outlining the rights and freedoms of its citizens.

Stephen Douglas

A prominent American politician in the 19th century known for his advocacy of "popular sovereignty" in the debate over slavery.