A Company Accidentally Records the Rent Payment Twice in October

question 37

Multiple Choice

A company accidentally records the rent payment twice in October. The effect on the trial balance will be:

• A)debits will be more than credits.
• B)credits will be more than debits.
• C)debits will still be equal to credits.
• D)not enough information provided.

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Definitions:

Resonance

A phenomenon in which a system's natural frequency of oscillation is excited by another oscillating system, leading to a significant increase in amplitude at certain frequencies.

Power Factor

A ratio indicating the efficiency with which an electrical system converts electrical power into useful work output, particularly in AC circuits.

RLC Parallel Circuit

An electrical circuit consisting of resistors (R), inductors (L), and capacitors (C) all connected in parallel, which can filter or resonate at certain frequencies.

Applied Voltage

Applied voltage is the electrical potential difference intentionally established across a component or circuit to induce current flow.