Author Question: If the two totals of a trial balance are not equal, it could be due to a. failure to record a ... (Read 70 times)

pragya sharda · **on:** Jul 5, 2018

If the two totals of a trial balance are not equal, it could be due to
a. failure to record a transaction
b. recording the same erroneous amount for both the debit and the credit parts of a transaction
c. an error in determining the account balances, such as a balance being incorrectly computed
d. recording the same transaction more than once

Question 2

Fund raising expenses are reported as

A. Nonoperating expenses.
B. Operating expenses.
C. Program expenses.
D. Supporting services expenses.