A Trial Balance Would Only Help in Detecting Which One

question 2

Multiple Choice

A trial balance would only help in detecting which one of the following errors?

• A)a transaction that is not journalized
• B)a journal entry that is posted twice
• C)offsetting errors made in recording the transaction
• D)the debit side of a transaction is posted incorrectly to the ledger

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Definitions:

Federal Government

The national government of a federated state, which shares sovereignty with the individual sub-units (such as states or provinces) and which possesses the highest authority in the land under the constitution.

End-Stage Renal Disease

A chronic condition where the kidneys lose their ability to filter waste, electrolytes, and fluids effectively, often requiring dialysis or transplantation.

Third-Party Payers

Entities (other than the patient or healthcare provider) responsible for paying for medical services, such as insurance companies and government programs.

Economics

The social science that studies how individuals, businesses, governments, and societies make choices about allocating resources to satisfy their wants and needs.