Ask Experts Questions for FREE Help !
Ask
    saba999's Avatar
    saba999 Posts: 29, Reputation: 1
    New Member
     
    #1

    Apr 27, 2012, 12:45 PM
    Trial Balance
    A comparison of this year's trial balance with last year's may be a good way to discover...
    a. Whether normal accruals were made this year
    b. Whether normal deferrals were made this year
    c. errors in accruals or deferrals that have resulted in over-or-under statement of revenue or expense
    d. all of the above
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
     
    #2

    Apr 27, 2012, 08:23 PM
    Quote Originally Posted by saba999 View Post
    A comparison of this year's trial balance with last year's may be a good way to discover......
    a. Whether normal accruals were made this year
    b. Whether normal deferrals were made this year
    c. errors in accruals or deferrals that have resulted in over-or-under statement of revenue or expense
    d. all of the above
    d.

Not your question? Ask your question View similar questions

 

Add your answer here.


Check out some similar questions!

Trial Balance & Post Close Trial Balance [ 5 Answers ]

I’m struggling with both trial balance and post close trial balance. From my understanding the post trial balance should include all items that would show on the balance sheet right? It would show total assets and total liabilities right? The assets and expenses would be under debit and...

2.(Corrected Trial Balance) The trial balance of Wanda Landowska Company (shown on th [ 0 Answers ]

2.(Corrected Trial Balance) The trial balance of Wanda Landowska Company (shown on the next page) does not balance. The review of the ledger reveals the following: (a) Each account had a normal balance. (b) The debit footings in Prepaid Insurance, Accounts Payable, and Property Tax Expense were...

Trial Balance Worksheet, Adjustments & Adjusted Trial Balance [ 4 Answers ]

I'm trying to do a Trial Balance worksheet and this is what I have to do, I believe these go in the adjustments section. a. Unexpired insurance balance at December 31, 2008: $2,500 b. Supplies on hand at December 31, 2008: $500 c. Depreciation on building for the...

Trial Balance & Adjusted Trial Balance [ 1 Answers ]

I have a question that doesn't seem to make too much sense. Can anyone explain this to me? Which of the accounts below would appear on an adjusted trial balance but probably would not appear on the trial balance? -Fees Earned -Accounts Receivable -Unearned Fees -Depreciation Expense The...


View more questions Search