A Trial Balance Will Not Balance If

(Correct Answer Below)

Reveal the answer to this question whenever you are ready.

A Trial Balance Will Not Balance If

A a correct journal entry is posted twice. B the purchase of supplies on account is debited to Supplies and credited to Cash. C a $100 cash drawing by the owner is debited to Owner's Drawing for $1,000 and credited to Cash for $100. D a $450 payment on account is debited to Accounts Payable for $45 and credited to Cash for $45.
Front

Advertisement

C: a $100 cash drawing by the owner is debited to Owner's Drawing for $1,000 and credited to Cash for $100.

About the flashcard:

This flashcard is meant to be used for studying, quizzing and learning new information. Many scouting web questions are common questions that are typically seen in the classroom, for homework or on quizzes and tests. Flashcards vary depending on the topic, questions and age group. The cards are meant to be seen as a digital flashcard as they appear double sided, or rather hide the answer giving you the opportunity to think about the question at hand and answer it in your head or on a sheet before revealing the correct answer to yourself or studying partner. Some questions will include multiple choice options to show you the options involved and other questions will just have the questions and corrects answers. Simply reveal the answer when you are ready to check your work. Absolutely no cheating is acceptable.