Which of the Following Could Cause the Trial Balance to Be

question 43

Multiple Choice

Which of the following could cause the trial balance to be out of balance?

• A)an entry recorded with only debits
• B)an unrecorded entry
• C)an entry recorded twice
• D)an entry recorded to the wrong accounts

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Definitions:

Sellers

Individuals or entities that offer goods or services to buyers in exchange for money or other valuable consideration.

Market Failure

A situation in which the allocation of goods and services by a free market is not efficient, often leading to a net societal welfare loss.

Side Effects

Unintended consequences or secondary effects resulting from an action or decision, often seen in medicine, economics, and environmental policy.

Nonmarket Participants

Individuals or entities that engage in economic activities outside the formal market, often not reflected in formal economic statistics or analyses.