A trial balance can still balance even if an entry is posted to the wrong account.
Correct Answer:
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Q20: An individual accounting record for a specific
Q21: The chart of accounts is the framework
Q22: Prepaid expenses are recorded as
A)expenses on the
Q23: A list of accounts and their account
Q24: The main purpose of the trial balance
Q27: The chart of accounts is a special
Q27: If a journal entry is posted twice,
Q28: A compound journal entry affects more than
Q29: An increase in the Dividends Declared account
Q40: Posting is the process of proving the
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