A Trial Balance That Is Out of Balance Indicates That

question 110

Multiple Choice

A trial balance that is out of balance indicates that:

• A)The number of ledger accounts with debit balances is not equal to the number of accounts with credit balances.
• B)A debit has been posted to the wrong account.
• C)There is not an equality of debit and credit amounts in the ledger.
• D)A journal entry has been completely omitted from the posting process.

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Definitions:

Pendulum

A weight suspended from a pivot so that it can swing freely, often used in clocks for regulating time.

Critical Thinking

A type of thinking that involves careful examination of assumptions and evidence and that is purposeful and deliberate.

Perkins

Depending on the context, Perkins could refer to a person's last name, but in educational or cognitive theory contexts, it might relate to David Perkins, an educational theorist known for his work on intelligence and creativity.

Large Knowledge Base

A comprehensive collection of information, facts, and rules used in decision-making processes or computational systems.