Which of the Following Is Not a Short-Cut in Finding

question 154

Multiple Choice

Which of the following is not a short-cut in finding errors on the trial balance?

• A) Determine the difference between debits and credits and look for the amount.
• B) Determine the amount and change any account to make the trial balance correct.
• C) Determine the difference between debits and credits, divide the amount by 2, look for the amount.
• D) Determine the difference between debits and credits, divide the amount by 9, if it divides evenly, look for a transposition or slide error.

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Definitions:

Demand Decreased

A situation where there is a reduction in the quantity of a product or service that consumers are willing or able to buy at given prices.

Supply Increased

A situation where the quantity of goods or services that producers are willing to offer for sale at a given price level rises.

Mild Winter

A winter season that is warmer than average, often resulting in less snowfall and freezing temperatures.

Heating Oil

A low viscosity, liquid petroleum product used as a fuel oil for furnaces or boilers in buildings for heating purposes.