A Trial Balance That Is in Balance Is Proof That

question 112

True/False

A trial balance that is in balance is proof that no errors were made in journalizing the transactions, posting to the ledger, and preparing the trial balance.

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Definitions:

Arithmetically

Pertaining to or related to arithmetic, the basic branch of mathematics dealing with the properties and manipulation of numbers.

Geometrically

Pertains to or is characterized by the principles of geometry, involving shapes, sizes, and the relative positions of figures.

Negative Checks

In demographic terms, factors that decrease population growth, including disease, famine, and war, as described by Malthus.

Natural Disasters

Severe and unexpected events caused by environmental factors that result in significant damage, destruction, or loss of life.