The Main Purpose of Preparing a Trial Balance Is to Ensure

question 37

Multiple Choice

The main purpose of preparing a trial balance is to ensure that:

• A)The total of recorded debits and total of recorded credits are equal.
• B)The company is making a profit.
• C)The total of revenue is equal to expenses.
• D)The total of recorded debits in revenue accounts are equal to total of recorded credits

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Definitions:

Species-Specific Behaviors

Actions or reactions that are characteristic to a particular species, often innate and crucial for survival, such as mating rituals or territorial defense.

Sociocultural Perspective

A theory in psychology that emphasizes the influence of societal norms and culture on individual behavior and cognitive processes.

Human Diversity

The vast range of differences among humans, including ethnicity, race, gender, sexuality, age, physical abilities, religion, and political beliefs.

Biological Perspective

A psychological viewpoint that analyzes human and animal behavior through the lens of biological processes, including genetics and brain functions.