Which of the Following Transactions Would Cause the Trial Balance

question 71

Multiple Choice

Which of the following transactions would cause the trial balance to be out of balance?

• A) A debit to Cash and a debit to Equipment for the same amount
• B) A credit to Cash and a debit to Supplies for the same amount
• C) A debit to Accounts Receivable and a credit to Accounting Fees for the same amount
• D) All of these answers are correct.

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Definitions:

Debit

An entry recorded on the left side of an account ledger, representing an increase in assets or expenses or a decrease in liabilities, equity, or income.

Snow Removal

Services or actions taken to clear snow from roads, sidewalks, and other surfaces, typically considered a maintenance expense for businesses in areas with snowfall.

Provided

Refers to the information or items that have been supplied or made available.

Accrual Basis

An accounting method where revenues are recorded when earned and expenses are recorded when incurred, regardless of when cash is exchanged.