This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When the trial balance indicates that the ledger is in balance, you can assume there are no errors ... (Read 82 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
on: Jul 5, 2018
When the trial balance indicates that the ledger is in balance, you can assume there are no errors in the ledger.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

The revenues budget is prepared after all other operating budgets are prepared.
 
  Indicate whether this statement is true or false.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

milbourne11

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jul 5, 2018
Answer to Question 1

False

Answer to Question 2

Answer: FALSE


big1devin

  • Member
  • Posts: 583
Reply 2 on: Jul 5, 2018
:D TYSM

AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Operant conditioning, also known as trial-and-error learning. Operant conditioning, also known as trial-and-error learning.
Sodium Balance Sodium Balance
Do you know how kangaroos balance their body Do you know how kangaroos balance their body
Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s
Sample of a weekly bookkeeping ledger. Sample of a weekly bookkeeping ledger.
Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ... Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ...
Video: Enzyme-Catalyzed Reactions

For a complete list of videos, visit our video library