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AlekseyPX
3 years ago
7

A trial balance would only help in detecting which one of the following errors? Offsetting errors are made in recording the tran

saction A transposition error when transferring the debit side of journal entry to the ledger A transaction that is not journalized A journal entry that is posted twice
Business
1 answer:
Stels [109]3 years ago
7 0

Answer:

The transposition error, that occurs when transferring debit side of journal entry to the ledger balance.

Explanation:

Transposition error is an error in which the letters of a number are exchanged, that is for example the correct value = 25,968 but it is entered as 2,9568 there 9 and 5 are reversed that is there places are changed, in this case there will be a difference in debit and credit balance in trial balance.

Because this only amount is not recorded correctly. The amount recorded as against debit or credit of this particular amount is recorded correctly and thus, trial balance will not match.

This will be clearly identifiable.

Correct statement is

Statement 2

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3 0
3 years ago
Type the correct answer in the box. Spell all words correctly.
Ganezh [65]

read the resume

employers might do a reference check

see if the skills match the job requirements

some even do a credit check

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6 0
3 years ago
A firm has a capital structure with $3 in equity and $3 of debt. The cost of equity capital is 0.17 and the pretax cost of debt
vampirchik [111]

Answer:10.06 %

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4 0
3 years ago
1) Banks hold excess and secondary reserves to
o-na [289]
1) Banks hold excess and secondary reserves toA) reduce the interest-rate risk problem.


2) Which of the following statements most accurately describes the task of bank asset management?
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3) The goals of bank asset management include
d. purchasing securities with high returns and low risk.

Hope this helps. Have a nice day.
6 0
3 years ago
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