Adjusting Entries Are Not Necessary If the Trial Balance Debit

question 104

True/False

Adjusting entries are not necessary if the trial balance debit and credit column balances are equal.

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Definitions:

Consistency

The adherence to the same principles, course, or form in actions, behavior, or results, contributing to reliability and predictability.

Social Commerce

The integration of online social networks with e-commerce transactions, enabling the buying and selling of products directly on social media platforms.

Online Marketplaces

Digital platforms that facilitate the buying and selling of goods and services between vendors and consumers, often providing a wide range of products and services.

Marketing And Selling

The process of promoting, selling products or services, and actively engaging customers through various strategies and communication methods.