Which of the Following Statements About the Presentation of a Trial

question 168

Multiple Choice

Which of the following statements about the presentation of a trial balance is correct?

• A)The adjusted trial balance shows the end-of-year balance for Retained Earnings.
• B)An adjusted trial balance presents account balances in the same level of detail as in the presentation of the financial statements.
• C)The order of accounts on a trial balance is as follows: assets,liabilities,stockholders' equity,dividends,revenues,and expenses.
• D)The adjusted trial balance shows all the debit and credit postings to all the ledger accounts.

---

Definitions:

Open-Ended Question

A type of question that cannot be answered with a simple "yes" or "no" and encourages a detailed response.

Retail Clothing Store

A business that specializes in selling clothes and accessories to consumers for personal use.

Upset Customer

An upset customer is a consumer who is dissatisfied with a product, service, or experience provided by a business, often leading to complaints or negative feedback.

NEO Personality Inventory-Revised

A psychological assessment tool designed to measure five major dimensions of personality.