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.

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