Examlex

Solved

When a Trial Balance Is Out of Balance Due to a Transposition

question 117

True/False

When a trial balance is out of balance due to a transposition error,the difference between total debits and total credits will be evenly divisible by 2.


Definitions:

Commercial Farming

Large-scale production of crops and livestock intended for sale in the market, not purely for personal or local consumption.

Great Plains

A vast, flat area of land covering parts of the U.S. and Canada, known for its grasslands and significant agricultural output.

Exodusters

African Americans who migrated from states along the Mississippi River to Kansas in the late nineteenth century, seeking political and economic freedom.

Kansas Farmers' Alliance

An organized agrarian economic movement among farmers in Kansas in the late 19th century that worked for their mutual benefit and protection.

Related Questions