(i) Question 6. The disagreement of Trial Balance indicates that an ___________ has been committed.

(i) Question 6. The disagreement of Trial Balance indicates that an ___________ has been committed.
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Complete the following sentences : (i) Question 6. The disagreement of Trial Balance indicates ... (v) Rectification entries are passed in ________
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(i) b/d (brought down) balance indicates ___________ balance.

Description : (i) b/d (brought down) balance indicates ___________ balance.

Last Answer : Fill in the blanks : (i) b/d (brought down) balance indicates ___________ balance. (ii) ... balance. (iv) Drawing A/c shows ___________ balance.

All of the following statements about the post-closing trial balance are correct except it a. shows that the accounting equation is in balance. b. provides evidence that the journalizing and posting of closing entries have been properly completed. c. contains only permanent accounts. d. proves that all transactions have been recorded.

Description : All of the following statements about the post-closing trial balance are correct except it a. shows that the accounting equation is in balance. b. provides evidence that the journalizing and posting ... . c. contains only permanent accounts. d. proves that all transactions have been recorded.

Last Answer : d. proves that all transactions have been recorded.

You are attempting to parallel two AC generators and the synchroscope pointer stops at a position other than 0° prior to closing the circuit breaker. This indicates ___________. A. the frequency of the incoming machine is the same as the bus frequency B. the incoming machine is in phase with the bus, but the frequency is not the same C. the circuit breaker may be closed after breaker has been reset D. there is an existing cross current between generators

Description : You are attempting to parallel two AC generators and the synchroscope pointer stops at a position other than 0° prior to closing the circuit breaker. This indicates ___________. A. the frequency of ... be closed after breaker has been reset D. there is an existing cross current between generators

Last Answer : Answer: A

The error of omission is disclosed by the Trial Balance.

Description : The error of omission is disclosed by the Trial Balance.

Last Answer : State whether the following statement are True or False with reason : The error of omission is disclosed by the Trial Balance.

(i) ___________ sided errors affect the total of Trial Balance.

Description : (i) ___________ sided errors affect the total of Trial Balance.

Last Answer : Complete the following sentences : (i) ___________ sided errors affect the total of Trial ... Sales book is corrected by _______ Sales Account.

If the trial balance shows a short credit the suspense account will have a _______ balance. 

Description : If the trial balance shows a short credit the suspense account will have a _______ balance. 

Last Answer : If the trial balance shows a short credit the suspense account will have a _______ balance. (a) debit (b) zero (c) credit (d) nil

Errors of principle are not disclosed by the Trial Balance.

Description : Errors of principle are not disclosed by the Trial Balance.

Last Answer : State whether the following statement are True or False with reason : Errors of principle are not disclosed by the Trial Balance.

If the trial balance does not agree the difference of the trial balance is placed in _______ account. 

Description : If the trial balance does not agree the difference of the trial balance is placed in _______ account. 

Last Answer : If the trial balance does not agree the difference of the trial balance is placed in _______ account. ... ) Suspense (c) Rectification (d) Real

Where does carriage inwards go to in the trial balance?

Description : Where does carriage inwards go to in the trial balance?

Last Answer : What is the answer ?

What is Accounts Payable considered a on the Trial Balance?

Description : What is Accounts Payable considered a on the Trial Balance?

Last Answer : what is it best to receive before paying and invoice

Closing stock appearing in the Trial Balance is shown in– (A) Balance Sheet only (B) Trading Account only (C) Trading Account and Balance Sheet both (D) None of the above

Description : Closing stock appearing in the Trial Balance is shown in– (A) Balance Sheet only (B) Trading Account only (C) Trading Account and Balance Sheet both (D) None of the above

Last Answer : Answer: Balance Sheet only

Which of the following errors are not disclosed by Trial Balance ? (A) Compensatory Errors (B) Errors of Principle (C) Errors of Omission (D) All the three

Description : Which of the following errors are not disclosed by Trial Balance ? (A) Compensatory Errors (B) Errors of Principle (C) Errors of Omission (D) All the three

Last Answer : Answer: All the three

The post-closing trial balance contains only a. income statement accounts. b. balance sheet accounts. c. balance sheet and income statement accounts. d. income statement, balance sheet, and retained earnings statement account

Description : The post-closing trial balance contains only a. income statement accounts. b. balance sheet accounts. c. balance sheet and income statement accounts. d. income statement, balance sheet, and retained earnings statement account

Last Answer : b. balance sheet accounts.

he steps in the preparation of a worksheet do not include a. analyzing documentary evidence. b. preparing a trial balance on the worksheet. c. entering the adjustments in the adjustment columns. d. entering adjusted balances in the adjusted trial balance columns.

Description : he steps in the preparation of a worksheet do not include a. analyzing documentary evidence. b. preparing a trial balance on the worksheet. c. entering the adjustments in the adjustment columns. d. entering adjusted balances in the adjusted trial balance columns.

Last Answer : a. analyzing documentary evidence.

The two optional steps in the accounting cycle are preparing a. a post-closing trial balance and reversing entries. b. a worksheet and post-closing trial balances. c. reversing entries and a worksheet. d. an adjusted trial balance and a post-closing trial balance.

Description : The two optional steps in the accounting cycle are preparing a. a post-closing trial balance and reversing entries. b. a worksheet and post-closing trial balances. c. reversing entries and a worksheet. d. an adjusted trial balance and a post-closing trial balance.

Last Answer : c. reversing entries and a worksheet.

Which of the following steps in the accounting cycle may be performed more frequently than annually? a. Prepare a post-closing trial balance b. Journalize closing entries c. Post closing entries d. Prepare a trial balance

Description : Which of the following steps in the accounting cycle may be performed more frequently than annually? a. Prepare a post-closing trial balance b. Journalize closing entries c. Post closing entries d. Prepare a trial balance

Last Answer : d. Prepare a trial balance

The final step in the accounting cycle is to prepare a. closing entries. b. financial statements. c. a post-closing trial balance. d. adjusting entries.

Description : The final step in the accounting cycle is to prepare a. closing entries. b. financial statements. c. a post-closing trial balance. d. adjusting entries.

Last Answer : c. a post-closing trial balance.

. Which one of the following is an optional step in the accounting cycle of a business enterprise? a. Analyze business transactions b. Prepare a worksheet c. Prepare a trial balance d. Post to the ledger accounts

Description : . Which one of the following is an optional step in the accounting cycle of a business enterprise? a. Analyze business transactions b. Prepare a worksheet c. Prepare a trial balance d. Post to the ledger accounts

Last Answer : b. Prepare a worksheet

he step in the accounting cycle that is performed on a periodic basis (i.e., monthly, quarterly) is a. analyzing transactions. b. journalizing and posting adjusting entries. c. preparing a post-closing trial balance. d. posting to ledger accounts.

Description : he step in the accounting cycle that is performed on a periodic basis (i.e., monthly, quarterly) is a. analyzing transactions. b. journalizing and posting adjusting entries. c. preparing a post-closing trial balance. d. posting to ledger accounts.

Last Answer : b. journalizing and posting adjusting entries.

Which one of the following is usually prepared only at the end of a company's annual accounting period? a. Preparing financial statements b. Journalizing and posting adjusting entries c. Journalizing and posting closing entries d. Preparing an adjusted trial balance

Description : Which one of the following is usually prepared only at the end of a company's annual accounting period? a. Preparing financial statements b. Journalizing and posting adjusting entries c. Journalizing and posting closing entries d. Preparing an adjusted trial balance

Last Answer : c. Journalizing and posting closing entries

The heading for a post-closing trial balance has a date line that is similar to the one found on a. a balance sheet. b. an income statement. c. an stockholders' equity statement. d. the worksheet.

Description : The heading for a post-closing trial balance has a date line that is similar to the one found on a. a balance sheet. b. an income statement. c. an stockholders' equity statement. d. the worksheet.

Last Answer : a balance sheet.

The balances that appear on the post-closing trial balance will match the a. income statement account balances after adjustments. b. balance sheet account balances after closing entries. c. income statement account balances after closing entries. d. balance sheet account balances after adjustments.

Description : The balances that appear on the post-closing trial balance will match the a. income statement account balances after adjustments. b. balance sheet account balances after closing entries. ... statement account balances after closing entries. d. balance sheet account balances after adjustments.

Last Answer : b. balance sheet account balances after closing entries.

The purpose of the post-closing trial balance is to a. prove that no mistakes were made. b. prove the equality of the balance sheet account balances that are carried forward into the next accounting period. c. prove the equality of the income statement account balances that are carried forward into the next accounting period. d. list all the balance sheet accounts in alphabetical order for easy reference.

Description : The purpose of the post-closing trial balance is to a. prove that no mistakes were made. b. prove the equality of the balance sheet account balances that are carried forward into the ... next accounting period. d. list all the balance sheet accounts in alphabetical order for easy reference.

Last Answer : b. prove the equality of the balance sheet account balances that are carried forward into the next accounting period.

A post-closing trial balance should be prepared a. before closing entries are posted to the ledger accounts. b. after closing entries are posted to the ledger accounts. c. before adjusting entries are posted to the ledger accounts. d. only if an error in the accounts is detected.

Description : A post-closing trial balance should be prepared a. before closing entries are posted to the ledger accounts. b. after closing entries are posted to the ledger accounts. c. before adjusting entries are posted to the ledger accounts. d. only if an error in the accounts is detected.

Last Answer : b. after closing entries are posted to the ledger accounts.

A post-closing trial balance will show a. only permanent account balances. b. only temporary account balances. c. zero balances for all accounts. d. the amount of net income (or loss) for the period.

Description : A post-closing trial balance will show a. only permanent account balances. b. only temporary account balances. c. zero balances for all accounts. d. the amount of net income (or loss) for the period.

Last Answer : a. only permanent account balances.

After the adjusting entries are journalized and posted to the accounts in the general ledger, the balance of each account should agree with the balance shown on the a. adjusted trial balance. b. post-closing trial balance. c. the general journal. d. adjustments columns of the worksheet.

Description : After the adjusting entries are journalized and posted to the accounts in the general ledger, the balance of each account should agree with the balance shown on the a. adjusted trial balance. b. post-closing trial balance. c. the general journal. d. adjustments columns of the worksheet.

Last Answer : a. adjusted trial balance.

Which of the following may not be a part of projected financial statements? a) Income Statements b) Trial Balance c) Cash Flow Statements d) Balance Sheets

Description : Which of the following may not be a part of projected financial statements? a) Income Statements b) Trial Balance c) Cash Flow Statements d) Balance Sheets

Last Answer : b) Trial Balance

The process of recording financial data upto trial balance is a) Book keeping b) Classifying c) Summarising d) Analyzing

Description : The process of recording financial data upto trial balance is a) Book keeping b) Classifying c) Summarising d) Analyzing

Last Answer : a) Book keeping

-------- helps to disclose financial position a) Trial Balance b) Profit and Loss Account c) Balance sheet d) Income Statement

Description : -------- helps to disclose financial position a) Trial Balance b) Profit and Loss Account c) Balance sheet d) Income Statement

Last Answer : -------- helps to disclose financial position a) Trial Balance b) Profit and Loss Account c) Balance sheet d) Income Statement

If a trial balance totals do not agree, the difference must be entered in A) The Profit and Loss Account B) A Nominal Account C) The Capital Account D) A Suspense Account

Description : If a trial balance totals do not agree, the difference must be entered in A) The Profit and Loss Account B) A Nominal Account C) The Capital Account D) A Suspense Account 

Last Answer : Answer: D

Net profit is computed in the A) Profit and loss account B) Balance sheet C) Trial balance D) Trading account

Description : Net profit is computed in the A) Profit and loss account B) Balance sheet C) Trial balance D) Trading account

Last Answer : Answer: A

Excess of debit total of an account over it’s credit total indicates _____________ balance. 

Description : Excess of debit total of an account over it’s credit total indicates _____________ balance. 

Last Answer : Excess of debit total of an account over it’s credit total indicates _____________ balance. (a) Negative (b) Positive (c) Debit (d) Credit

Balance sheet indicates the financial status of the business ____. A. For a day B. For a month C. For a year D. At given period

Description : Balance sheet indicates the financial status of the business ____. A. For a day B. For a month C. For a year D. At given period

Last Answer : D. At given period

In cases of disagreement do you unfriend a person,or simply set your privacy settings so they can't see your posts and you can't see theirs unless you go to their page?

Description : In cases of disagreement do you unfriend a person,or simply set your privacy settings so they can't see your posts and you can't see theirs unless you go to their page?

Last Answer : Neither. My Friendbook page is largely for sharing petitions and issues, and I haven't unfriended anyone for disagreeing. That's how I get to keep knowing about the opinion that Trump is a god-sent ... our secret space defense fleet already hiding behind the Moon (or is it Mars or the Sun?).

This is just a friendly disagreement between friends. Do you clean your place room by room or by item?

Description : This is just a friendly disagreement between friends. Do you clean your place room by room or by item?

Last Answer : I do it according to mess and need. The kitchen sink takes precedence over the floor. Dirty laundry wins over unmade beds. I know how to clean fast and well, but it’s my house and my mess, and I don’t care. I do what I want.

Would you help us settle this mild marital disagreement were are having about turn lanes?

Description : Would you help us settle this mild marital disagreement were are having about turn lanes?

Last Answer : It sure sounds like a turn lane, so I am with you. It Sure as heck should be marked though. I think you should be contacting the city and asking them why it is not marked. If your husband does have an accident, I should think them being unmarked would be a good argument in court for him.

Speakers of other languages: when someone asks a question about grammar in your language (please name it), does it incite as much controversy and produce as much heated disagreement as do English grammar questions here on Fluther?

Description : Speakers of other languages: when someone asks a question about grammar in your language (please name it), does it incite as much controversy and produce as much heated disagreement as do English grammar questions here on Fluther?

Last Answer : It can, as Finnish grammar is extremely complicated (14 different cases and 7 different verb endings)

Do you interpret disagreement as dislike?

Description : Do you interpret disagreement as dislike?

Last Answer : For me, I am in the camp you are in. I am open to what others have to say and I learn from that and refine my thoughts and feelings on it. I enjoy a good debate for the sake of ... belief and plan, but need to flesh out the best approach with discussion that can get very political and heated.

Why is it that the first one that gets mad in a disagreement loses?

Description : Why is it that the first one that gets mad in a disagreement loses?

Last Answer : Because sometimes that person realizes that they were being stupid for arguing in the first place. I have personal experience with this

What if instead of arguing with one another we deliberately set out to find the source of the disagreement?

Description : What if instead of arguing with one another we deliberately set out to find the source of the disagreement?

Last Answer : This is something like how my nerd husband (and my nerd self) have fights. :)

At what point does a discussion/disagreement technically turn into an argument?

Description : At what point does a discussion/disagreement technically turn into an argument?

Last Answer : Probably when it stops being about sharing ideas and views, and starts being about forcing those views through nastiness, fallacies, and personal attacks.

Does disagreement bother you?

Description : Does disagreement bother you?

Last Answer : I really don't like fighting. I'd rather just talk (not shout) about it once, get it all over with, and move on. This goes for little situations too. When we get one of those door-to-door people, I ... like telling those people No. I can if I have to, but I'd rather have someone else do it.

The disagreement over the liking of what movie could seriously jeopardize a friendship?

Description : The disagreement over the liking of what movie could seriously jeopardize a friendship?

Last Answer : The Lord of The Rings.

I would see all anger ended; Words retracted, tensions mended. I would see your ties restored; For disagreement, I abhor. What am I? -Riddles

Description : I would see all anger ended; Words retracted, tensions mended. I would see your ties restored; For disagreement, I abhor. What am I? -Riddles

Last Answer : An apology.

What was the cause of disagreement between the Congress-led Non-Cooperation Movement and the peasants’ and workers’ movements? -SST 10th

Description : What was the cause of disagreement between the Congress-led Non-Cooperation Movement and the peasants’ and workers’ movements? -SST 10th

Last Answer : The Congress under Gandhiji believed in achieving ‘Swaraj’ by peaceful means and total non-violence.The peasants and workers, though believers in Gandhi’s Swaraj, khadi and boycott, did not believe in non-violence. They turned violent to gain their aims, which went against the Congress creed.

what was the main point of disagreement regarding the berlin crisis in 1961 -General Knowledge

Description : what was the main point of disagreement regarding the berlin crisis in 1961 -General Knowledge

Last Answer : The main point of disagreement regarding the Berlin Crisis in 1961 was that Soviet leaders wanted complete control of Berlin.

Two scientists do not agree on which type of grocery bag is better for the environment. What is the most likely outcome of their disagreement?

Description : Two scientists do not agree on which type of grocery bag is better for the environment. What is the most likely outcome of their disagreement?

Last Answer : more studies will take place on the issue