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Vesnalui [34]
2 years ago
6

U

Business
1 answer:
oksian1 [2.3K]2 years ago
3 0

The descriptions to cases that will possibility be addressed by a Trial Balance are:

  • can detect the accuracy of the accounting process(possible)
  • can help check whether the debit side is equal to the credit side(possible)
  • can help prepare the income statement(possible)
  • helps serve as a proof of the application of the double-entry system(not possible)
  • can help check whether a particular transaction has been completely omitted(not possible)

<h3>What is trial balance?</h3>

A trial balance can be regarded as  bookkeeping worksheet which contains the ledger that is arranged into  debit and credit account column .

Therefore, with trial balance, one can check whether the debit side is equal to the credit side.

learn more about trial balance at:brainly.com/question/24217989

#SPJ1

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", describe the ways in which Volkswagen did not fulfill the requirements of effective corporate governance. In one or two parag
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In the long run firm a incurs total costs of $1200 when output is 30 units
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3 years ago
Diaz Manufacturing had current liabilities worth $33,351 and long-term debt worth $300,600 in 2014. In 2013, current liabilities
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total working capital = $1,191,963

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3 years ago
Which of the following is a potential benefit of inflation?
Alina [70]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
Among the choices the one that has 
 potential benefit of inflation is <span>More business profits

</span>When inflation<span> is too high of course, it is not </span>good<span> for the economy or individuals.</span>Inflation<span> will always reduce the value of money, unless interest rates are higher than</span>inflation<span>. And the higher </span>inflation<span> gets, the less chance there is that savers will see any real return on their money.</span><span>

</span>
3 0
4 years ago
Read 2 more answers
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