A trial balance: LO9

(a) is a list of accounts with their balances at a given time.

(b) proves that proper account titles were used.

(c) will not balance if a correct journal entry is posted twice.

(d) proves that all transactions have been recorded.

15.

p A trial balance will not balance if:

(a) a correct journal entry is posted twice.

(b) the purchase of supplies on account is debited to Supplies and credited to Cash.

(c) a $100 cash dividend is debited to Dividends for

$1,000 and credited to Cash for $100.

(d) a $450 payment on account is debited to Accounts Payable for $45 and credited to Cash for $45.