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Can a trial balance usually has no mathematical errors if the total debit amounts equals total the credit amount?
EricaJefferson
no
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∙ 11y ago
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What is the term for the amount of money you have in your account?
The amount of money available in an account is usually referred to as the "balance" of the account. The cash balance may be positive or negative.
What is the definition of a slope in mathematical terms?
The amount of change in y divided by the amount of change in x
What is the plural of amount?
The plural is amounts.
How do you get fractions of amounts?
To find the fraction of an amount or quantity you multiply the amount by the fraction.
What if you add a large positive number with a small negative number - Which sign will the answer have ... Positive or Negative?
If you have MORE positive amounts, than you have negative amounts, then the balance is a POSITIVE result. So answer is POSITIVE. Think of it like this:- -6+9 is the same thing as +9-6, and, 9minus 6 = 3 but we only bother with the 'sign' if the amount is a negative amount, so 3 always means +3
If a company has overdrawn its bank balance then?
The amount of the debits must equal the amounts of credits
Deferred taxes should be presented on the balance sheet?
In two amounts: one for the net current amount and one for the net noncurrent amount
What process keep the amount of molecules inside and outside the cell in balance?
Diffusion keeps the amounts of molecules inside and outside the cell in balance, or in a state of homeostasis.
What process keeps the amount of molecules inside and outside of the cell in balance?
Diffusion keeps the amounts of molecules inside and outside the cell in balance, or in a state of homeostasis.
What process keeps the amount of molecules inside and outside the cell and balance?
Diffusion keeps the amounts of molecules inside and outside the cell in balance, or in a state of homeostasis.
What is the term for the amount of money you have in your account?
The amount of money available in an account is usually referred to as the "balance" of the account. The cash balance may be positive or negative.
What amount of money in a checking or a savings account upon which interest is based?
The amount of money in a checking or a savings account is the balance. The interest is usually based on the balance.
What does it means it the accounts payable balance has increased on the Trial Balance?
Accounts Payable are the amounts owing by the business to its creditors.in a situation where the Accounts Payable balance has increased in the trial balance means that the amount owing by the business has increased probably due to more credit purchases.
What does it mean when the accounts payable balance has increased on the trial balance?
Accounts Payable are the amounts owing by the business to its creditors.in a situation where the accounts payable balance has increased in the trial balance means that the amount owing by the business has increased probably due to more credit purchases.
What does it mean when the Accounts Payable account balance has increased on the Trial Balance?
accounts payable are the amounts owing by the business to its creditors.in a situation where the accounts payable balance has increased in the trial balance means that the amount owing by the business has increased probably due to more credit purchases.
Will a creditor accept a lower payoff amount?
A creditor will usually accept a lower payoff amount when requested. Usually a lump sum payoff will result in a lower due balance.
What is Proof that the dollar amount of the debits equals the dollar amount of the credits in the ledger means?
The dollar amounts of debits equals the dollar amount of credits in the ledger of a balance sheet. When these two values are equal, the budget is balanced.
