When Constructing a Worksheet Accounts Are Often Needed That Are

question 219

Multiple Choice

When constructing a worksheet accounts are often needed that are not listed in the trial balance already entered on the worksheet from the ledger. Where should these additional accounts be shown on the worksheet?

• A) They should be inserted in alphabetical order into the trial balance accounts already given.
• B) They should be inserted in chart of account order into the trial balance already given.
• C) They should be inserted on the lines immediately below the trial balance totals.
• D) They should not be inserted on the trial balance until the next accounting period.

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Definitions:

Lumpenproletariat

A term coined by Marx to describe the class of outcasts in society, such as the unemployed and criminals, who are not involved in industrial production.

Proletariat

The proletariat is a term used in Marxist theory to describe the class of workers who do not own the means of production and must sell their labor power to survive.

Bourgeoisie

The class in capitalist societies that owns the means of production and employs wage labor, historically associated with wealth and societal power.

Capitalist System

An economic system where trade, industry, and the means of production are largely or entirely owned and operated by private individuals or companies for profit.