Answer: The correct answer is a). The sum of the debits will equal the sum of the credits.
Explanation: When a journal entry is posted as same amount to both the debit and credit it balances up in the trial balance.
In the same vein, irrespective of the error in the ledger raised and posted in the trial balance, the sum will be equal on both the debit side and the credit side.
Think of a catchy slogan to go with it
Answer:
The correct option is C states that creditors have a higher position in the priority of claims.
Answer:
Referent
Explanation:
The referent power refers to the power in which the employees capacity, capability, skills and knowledge, hard work being liked by the other employees. Ths could be gained from the leadership skills and personality
So according to the given question since the manager described by subordinates through inspiring hard work by giving them attention and praise
This represents the referent power