Identify the Statement Below That Is True

question 101

Multiple Choice

Identify the statement below that is true.

• A)If the trial balance is in balance,it proves that no errors have been made in recording and posting transactions.
• B)The trial balance is a book of original entry.
• C)Another name for the trial balance is the chart of accounts.
• D)The trial balance is a list of all accounts from the ledger with their balances at a point in time.
• E)The trial balance is another name for the balance sheet as long as debits balance with credits.

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Definitions:

Substantial Energy

A significant amount of power or force, often required for performing demanding physical or chemical processes.

Cellular Respiration

The process by which cells break down glucose and other molecules to produce energy in the form of ATP.

Free Energy

The portion of a system's energy that can perform work when temperature and pressure are uniform throughout the system.

ATP

Adenosine triphosphate, a molecule that carries energy within cells, crucial for nearly all biological processes.