A Trial Balance Would Only Help in Detecting Which One

question 102

Multiple Choice

A trial balance would only help in detecting which one of the following errors?

• A) A transaction that is not journalized
• B) A journal entry that is posted twice
• C) Offsetting errors are made in recording the transaction
• D) A transposition error when transferring the debit side of journal entry to the ledger

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Definitions:

Budget Constraint

The limitations on the consumption bundles that a consumer can afford based on their income and the prices of goods and services.

Units Of B

A measurement term referring to the quantity of substance B, often used in contexts where B represents a specific variable or entity.

Units Of A

A measure of quantity for a specific or undefined item, referred to as 'A'.

Budget Constraint

The limitation on the consumption bundles that a consumer can afford based on the consumer's income and the prices of goods and services.