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If an Entry Is Correctly Journalized, but Posted to the Incorrect

question 14

True/False

If an entry is correctly journalized, but posted to the incorrect accounts, with equal debits and credits, the trial balance will still be out of balance.


Definitions:

Reverse Discrimination

Reverse discrimination refers to the unfair treatment of members of a majority or dominant group, often as a result of attempting to correct historical inequalities towards minority groups.

Employment Equity Programs

Developed by employers to undo past employment discrimination or to ensure equal employment opportunity in the future. Called affirmative action programs in the United States.

Secondary Dimensions

Aspects of a person’s identity or background that are less visible or changeable, such as education level, marital status, religious beliefs, and geographic location, affecting their experience of the world.

Income Levels

The categorized ranges of income that individuals or groups receive, often used for statistical, tax, or policy purposes.

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