What is always true about trial balance reports? A. All accounts with balances are included in the
Question:
What is always true about trial balance reports?
A. All accounts with balances are included in the report.
B. Only accounts with activity during the period are included on me report.
C. The report is prepared for a range of dates.
D. The total of the debit column must equal the total of the credit column .
Step by Step Answer:
B All accounts with balanc...View the full answer
Payroll Accounting 2017
ISBN: 978-1259572180
3rd edition
Authors: Jeanette Landin, Paulette Schirmer
Related Video
A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
Students also viewed these Business questions
-
What account balances are included in the revenues, receivables, and receipts process?
-
The following misstatements are included in the accounting records of Westgate Manufacturing Company. 1. The accounts payable clerk prepares a monthly check to Story Supply Company for the amount of...
-
In planning the audit of a client's inventory, an auditor identified the following issues that need audit attention. 1. Inventories are properly stated at the lower of cost or market. 2. Inventories...
-
How can we define tectonic stress?
-
Communication is most critical elements of a firm. Discuss about the communication process at BoldFlash Company. Address the following: 1. Outline a written report or a training video (or both) in...
-
Read the passage about What is an Educated Filipino? Synthesize it by accomplishing the graphic organizer below. What is an Educated Filipino? Francisco Benitez For more than decades now, our...
-
The following situations were not discovered in the audit of Pars Company by an inexperienced staff assistant: 1. Several accounts were incorrectly aged on the client's aging schedule. 2. Interest...
-
Santana Rey is considering the purchase of equipment for Business Solutions that would allow the company to add a new product to its computer furniture line. The equipment is expected to cost...
-
In divisional income statements prepared for Demopolis Company, the Payroll Department costs are charged back to user divisions on the basis of the number of payroll distributions, and the Purchasing...
-
A news report states that minority children who take advanced mathematics courses in high school have a first-year GPA in college that is equivalent to that of white students. The newspaper columnist...
-
What are three of the accounts that may be credited for the employee payroll?
-
What is the purpose of payroll-related accrual and reversal entries on financial statements? A. Reversing entries represent disbursement of accrured payroll prior to the end of the pyroll period. B....
-
A conical-shaped tank is being drained. The height of the water level in the tank is decreasing at the rate h(t) = - t/2 inches per minute. Find the decrease in the depth of the water in the tank...
-
1. Consider the following Java program, which consists of the class Spends. Notice this defines getSpend, is Amount and tostring methods. Remember that Integer.parseInt applied to a string...
-
3. Suppose we have two computers A and B. Computer A has a clock cycle time of 1 ns with CPI = 2. Computer B, instead, has a clock cycle time of 900 ps with CPI = 1.75. Assuming a program requires...
-
Consider a neutral metal sphere on an insulating stand. If the sphere is charged to 79.5 nC by adding electrons, how much did the mass of the metal sphere change? Calculate the answer in kg and make...
-
An airplane propeller is 1.88 m in length (from tip to tip) with mass 115 kg and is rotating at 2300 rpm (rev/min) about an axis through its center. You can model the propeller as a slender rod. (a)...
-
An incoming wave has a displacement of 0.050 m above equilibrium, and another wave moving in the opposite direction has a displacement of 0.0030 m below equilibrium. What happens when the waves meet,...
-
a. Why can TCP handle long application messages? 25a.) Which of the following can handle an application message that is one megabyte in size? a. TCP b. UDP c. Both A and B d. Neither A nor B b. Why...
-
Write a paper about the Working relationship in the organization- collaboration within and outside the organization
-
How has cloud-based payroll processing affected contemporary payroll practices?
-
What are some differences between the completion of the I-9 and E-Verify systems?
-
According to the FLSA, what is the basis used to determine overtime worked for non-emergency entities?
-
Calculate the cost per unit, and then use it to identify if each cost is fixed, variable, or mixed. Cost 1 Cost 2 Cost 3 2. Cost 1 Cost 2 Cost 3 Units Total Cost per Total Cost per Total Cost per...
-
Consider the auction of a single indivisible object to two risk neutral bidders, each of whom receives a private signal X; (i = {1,2}) which is independently and uniformly distributed on the interval...
-
Complete Principal of statistics 1. Find a set of data. You can find this online, in a book, collect your own. In the box below put your data in a chart. 5pt 2. Tell me where you got your data. (i.e....
Study smarter with the SolutionInn App