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

question 133

Multiple Choice

When listing the assets in the trial balance,the balance for Accounts Receivable was transposed.The correct balance is $4,100 and the amount was written as $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:

Product Line Extension

The addition of related products to an existing product line to cater to a broader segment of consumers without deviating from the core brand identity.

Civic Hybrid

The Civic Hybrid is a model of car produced by Honda, recognized for its combination of a gasoline engine and electric motor, aimed at achieving improved fuel efficiency and reduced emissions.

Hybrid Segment

A market segment that combines characteristics of two or more distinct groups, targeted with products or services that meet their blended needs.

Marketing Program

A comprehensive plan that integrates all marketing efforts, including advertisements, promotions, and selling strategies, to achieve the marketing objectives.