A Trial Balance Will Not Balance If

question 199

Multiple Choice

A trial balance will not balance if

• A) a journal entry is posted twice.
• B) a wrong amount is used in journalizing.
• C) incorrect account titles are used in journalizing.
• D) a journal entry is only partially posted.

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Definitions:

Demand Function

A mathematical model expressing the quantity demanded of a good or service as a function of its price, and possibly other factors.

Demand Function

A mathematical relationship expressing the quantity of a good or service demanded as a function of price.

Chainsaws

Chainsaws are mechanical saws with teeth set on a chain that moves around the edge of a blade, typically used for cutting trees.

Price Elasticity

An indicator showing the extent to which the demand for a product varies in response to a price change of that product, represented as a percentage variation.