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elixir [45]
3 years ago
10

A trial balance will not balance if a. a journal entry is posted twice. b. a wrong amount is used in journalizing. c. incorrect

account titles are used in journalizing. d. a journal entry is only partially posted.
Business
1 answer:
svet-max [94.6K]3 years ago
4 0

Answer:

d. a journal entry is only partially posted.

Explanation:

a. a journal entry is posted twice

This will lead to incorrect account balance, but the accounts will balance.

Because we are repeating a correct entry twice, so it will not make the trial balance not balance.

EXAMPLE

inventory 100 debit

cash 100 credit

inventory 100 debit

cash 100 credit

b. a wrong amount is used in journalizing

Similar as before, the accounts are being increased or decreased for a different amount than it should be. But this do not generate any trouble in the trial balance.

EXAMPLE

inventory 80 debit

cash 80 credit

c. incorrect account titles are used in journalizing

using a diferent name will generate impact on another account, the debit and credit imapct will be the same anyway, it will not affect the balance

EXAMPLE

Inventory  80 debit

Taxes payable 80 credit

d. a journal entry is only partially posted.

in this case, the entry is not balanced, generating a difference in total debit and credit.

EXAMPLE

Inventory  80 debit

We are not posting anything on credit, this is not in balance

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Information related to Harwick Co. is presented below. 1. On April 5, purchased merchandise on account from Botham Company for $
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Answer:

Explanation:

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A public good is a commodity or service that is made available to all members of a society in economics. These services are typically administered by governments and funded collectively through taxation. Law enforcement, national defense, and the rule of law are examples of public goods.

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