Marshwinds Wind Farm Is Producing Its First Financial Statements for Its

question 45

Multiple Choice

Marshwinds Wind Farm is producing its first financial statements for its bank. The trial balance does NOT balance. The company should

• A) create a new account called "suspense" and use it to balance the trial balance.
• B) give the incorrect trial balance to the bank.
• C) ask the bank for more time to find the error.
• D) increase one of the larger accounts so that the trial balance will balance.

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Definitions:

Consciousness

The state of being aware of and able to think about one's own existence, sensations, thoughts, and environment.

Consciousness

The awareness of internal and external stimuli, including feelings, thoughts, and the environment.

Arousal

A condition of being alert and responsive to sensory inputs, both physically and mentally.

Altered States

Mental states induced by various methods, such as meditation, drugs, or hypnosis, that differ significantly from the normal waking consciousness.