The trial balance is deemed to be balanced and there shouldn't be any arithmetic errors in the ledgers if the total debits and total credits are equal.
A trial balance is a bookkeeping worksheet where the balances from all ledgers are added up to equal totals in the debit and credit account columns. A corporation occasionally creates a trial balance, often at the conclusion of each reporting period. To check if the entries in a company's bookkeeping system are mathematically correct, a trial balance is generally produced. A double-entry accounting system's mathematical flaws can be found by creating a trial balance for a business.
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Answer:
C) WIP InventoryWIP Inventory-Finishing
Explanation:
Cost of WIP is transferred through Molding to Coloring to the last process of the production finishing. After completing the finishing the balls are ready and the cost is transferred from WIP InventoryWIP Inventory-Finishing to Finished goods Inventory. So, the correct answer is C) WIP InventoryWIP Inventory-Finishing.
It's somewhat see through
Answer:
Answer is 5. Even if a minor is allowed to disaffirm a contract for a necessary, the minor will still be held liable for the reasonable value of the necessary.
Refer below.
Explanation:
In the dispute between Sally and the owner of Dings and Dents, the following is true regarding the defense of Sally and her parents that the car was a necessary:
Even if a minor is allowed to disaffirm a contract for a necessary, the minor will still be held liable for the reasonable value of the necessary.
Answer:
A) Both careers try to support student success; however, teaching and training careers involve direct instruction of students.
Explanation: