Question: If you have committed a transposition error, the difference between the debit and credit totals of the trial balance will result in an amount a

If you have committed a transposition error, the difference between the debit and credit totals of the trial balance will result in an amount
a. that is evenly divisible by 9.
b. equal to the amount of the transaction.
c. that is evenly divisible by 2.
d. that can be corrected by double checking your addition.
If you have committed a transposition error, the

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

If you have committed a transposition error, the difference between the debit and credit totals of the trial balance will result in an amount

Q:

Flag this Question Question 12 pts Net income will result when revenues (credits) > expenses (debits) revenues (debits) > expenses (credits) expenses (credits) = revenues (debits) revenues (credits)...

Q:

need help with these 6 questions plz for accounting need help with these 3 questions American Leaf Company TrialBalancesOctober31,20Y2 Journalize the five entries that adjusted the accounts at...

Q:

need help plz for accounting 210, havent been able to get the help in a week from experts American Leaf Company TrialBalancesOctober31,20Y2 Journalize the five entries that adjusted the accounts at...

Q:

when a transposition error is made on the trial balance, the difference between the debit and credit totals on the trial balance will be a. divisible by 9 b. twice the amount of the transposition c....

Q:

When a transposition error is made on the trial balance, the difference between the debit and credit totals on the trial balance wil be: a) zero b) twice the amount of the transposition C) one-half...

Q:

Effect of Errors on Adjusted Trial Balance For each of the following errors, considered individually, indicate whether the error would cause the adjusted trial balance totals to be unequal. If the...

Q:

1-For the year ending August 31, Solstice Medical Co. mistakenly omitted adjusting entries for (1) depreciation of $8,400, (2) fees earned that were not billed of $64,400, and (3) accrued wages of...

Q:

When a transposition error is made on the trial balance, the difference between the debit and credit totals on the trial balance will bea. divisible by 9b. one-half the amount of the transposition 2...

Q:

To do list: E4-2 (EXERCISE 4-2) E4-3 (EXERCISE 4-3) E4-7(EXERCISE 4-7) E4-11 (EXERCISE 4-11) Problem 4-1B Attached are the working papers. Please fill that out. Attached is CH4 problems. Please...

Q:

Explain why a normal distribution can be used as an approximation to a binomial distribution. What conditions must be met to use the normal distribution to approximate the binomial distribution? Why...

Q:

At the beginning of 2021, Pitman Co. had pretax financial income of $1,200,000. Additionally, there was a timing difference of $300,000 due to an accounts receivable that will not be collected until...

Q:

In order for a domestic, foreign, or alien insurance company to conduct business, it must be authorized by whom? A . Homeland Security B The state where they are conducting business c . The attorney...

Q:

Sader is a foreign exchange dealer for a bank in Manchester. He has 2,000,000 (or its Singapore dollar equivalent) for a short-term money market investment. He wonders if he should invest in pounds...