When a Transposition Error Is Made on the Trial Balance

question 12

Multiple Choice

When a transposition error is made on the trial balance, the difference between the debit and credit totals on the trial balance will be

• A) zero
• B) twice the amount of the transposition
• C) one-half the amount of the transposition
• D) divisible by 9

---

Definitions:

Posting

The act of recording financial transactions in the ledger of a company as part of the accounting process.

Journal

A book or digital record where financial transactions are initially recorded in chronological order.

Ledger Accounts

Records that summarize all the transactions related to a particular aspect of a business's finances, such as assets, liabilities, equity, revenue, and expenses.

Unearned Revenues

Income received by a company for goods or services yet to be delivered or performed, considered a liability until earned.