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?

• A)No.
• B)Yes,by $1,400.
• C)Yes,by $2,700.
• D)Yes,by $4,100.

---

Definitions:

Relationship Selling

is a sales approach that emphasizes building long-term customer relationships based on trust and value, rather than focusing solely on transactions.

Sales Presentation

A formal pitch or demonstration of a product or service aimed at persuading potential customers to make a purchase.

Formula Sales Presentation

A standardized and structured approach to a sales presentation where the salesperson follows a specific script or format designed to lead towards a sale.

Complex Sales

Sales scenarios that involve multiple stakeholders, a high degree of customization, and a longer sales cycle, typically for high-value products or services.