The Trial Balance Will Not Balance When a Company

question 63

Multiple Choice

The trial balance will not balance when a company

• A) Fails to journalize a transaction.
• B) Omits posting a correct journal entry.
• C) Posts a journal entry twice.
• D) Debits two statement of financial position accounts and no income statement accounts.

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Definitions:

Video Game Addiction

A problematic gaming behavior characterized by excessive or compulsive use of video games, leading to significant impairment or distress.

Leisure Time Activities

Activities engaged in for relaxation, amusement, or recreation outside of one's work or daily duties.

Gaming Session

An extended period of time dedicated to playing video games.

Financial Aid

Monetary assistance given to individuals, often students, to help pay for education expenses.