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When Listing the Assets in the Trial Balance,the Number for Accounts

question 108

Multiple Choice

When listing the assets in the trial balance,the number for Accounts Receivable was transposed.The correct balance is $4,100 and the number written is $1,400.Is the trial balance out of balance?

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Definitions:

Malicious Traits

Characteristics or qualities of an individual that are harmful, cruel, or ill-intentioned.

Offensive Behavior

Actions or words that are hurtful, insulting, or intended to harm someone.

Extroversion

A personality trait characterized by outgoingness, high energy, and sociability.

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