On the Trial Balance, Which Account Balances Should Be Listed

question 65

Multiple Choice

On the trial balance, which account balances should be listed in the credit column?

• A)Liabilities, Retained Earnings, and Revenues
• B)Assets, Retained Earnings, and Expenses
• C)Liabilities, Common Stock, and Expenses
• D)Assets, Dividends, and Expenses

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Definitions:

Youth

The period of life between childhood and adulthood, characterized by growth, development, and discovery.

Fertility

The natural capability to produce offspring.

Twin-study Method

A research design used to estimate the genetic and environmental influences on phenotypes by comparing the resemblance between monozygotic and dizygotic twins.

Adoption Studies

Research methods used in behavioral genetics, comparing similarities between adopted children and their adoptive and biological parents to understand the influence of genetics versus environment.