If the Trial Balance Has a Smaller Debit Balance Than

question 7

Multiple Choice

If the trial balance has a smaller debit balance than credit balance,it signifies:

• A)Assets are more than liabilities.
• B)A profit.
• C)A loss.
• D)An error has been made.

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Definitions:

Cluster Sampling

A sampling technique where the population is divided into clusters, and a random sample of these clusters is selected to represent the whole population.

Pulitzer Prize

The Pulitzer Prize is an award for achievements in newspaper, magazine and online journalism, literature, and musical composition within the United States.

Publisher

An individual or company engaged in the preparation and issuing of printed, digital, or recorded material for public sale or distribution.

Simple Random Sample

A subset of individuals chosen from a larger set where each individual has an equal probability of being selected.