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Question 5 Transactions are initially recorded in the Answer saved Marked out of LOO Select one: Tra question O general ledger O none of the above statement of financial position Otrial balance general journal Clear my choice Previous page Type here to search o Question 6 Answer saved Jane Doe has prepared the trial balance for Braven Corp. Total debits are $25.678 while total credits are $30,034. Which of the following errors has Jane likely made? Marked out of LDC Tag question Select one O a correct journal entry is not posted O posted a debit as a credit O a journal entry is posted twice a transaction error Clear my choice Which of the following is incorrect? Questo 7 Answer saved Marked out of 1.00 Rag question Select one: A trial balance is prepared after the financial statements O Atrial balance lists balances at a specific time O Atrial balance is prepared at the end of the accounting period. A trial balance is a list of general ledger accounts Onone of the above Clear my choice Question 8 A cash payment by a corporation to its shareholders by way of a distribution of net income is Answet saved Marked out of Select one: recorded as dividends declared. a question O recorded as an investment O recorded as an advance to shareholders. O recorded as salaries expense. Clear my choice Previous page Next pag