Which Error Will Be Uncovered by a Trial Balance

question 110

Multiple Choice

Which error will be uncovered by a trial balance?

• A)The bookkeeper recorded the same journal entry three times.
• B)The bookkeeper forgot to record a journal entry for a large amount.
• C)The bookkeeper recorded both the debit and credit of a journal entry as $200 instead of $700.
• D)The bookkeeper recorded a journal entry with a debit of $400 and a credit of $400,as a debit of $400 and a credit of $40.

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Definitions:

U.S. Agriculture Act

A series of federal laws that regulate agricultural production, markets, and prices within the United States, often including subsidies and support for farmers.

Countercyclical Payments

Government payments in the agricultural sector that increase when market prices are low and decrease when market prices are high, intended to stabilize farmers' incomes.

Agricultural Risk Coverage

A policy program in the United States providing income support to farmers against lower revenue from drops in market prices or yields.

Economic Effects

The impact of economic activities and policies on the overall condition of the economy, including effects on growth, inflation, and employment.