15. For a given tiscal period, the sum of all increases to an accountance ay ako or greater than the sum of all decreases to an account, so that normal account balances are usually positive rather . Increase Accts Decrease Acets Balance Sheet Accounts: Asset Liability Owner's Equity CS RE Dividends Income Statement Accounts: Revenue Expense 16. When journalizing and posting errors are found, the concept of may be applied to determine the best treatment. An error of a few dollars in recording an asset as an expense may be considered to be to a company with millions of dollars of assets 17. Two common types of errors are known as a (when the order or the digits is inadvertently altered) and a (when the entire number is mistakenly moved one or more spaces to the right or left). 18. analysis is used when one compares a financial statement item (account balance) with the same item in a previous statement. This analysis can help to locate reporting errors as well as offer suggestions for managerial improvement 19. What is a T Account and what are its 3 mandatory components? and 20. In regard to a company's Chart of Accounts, a numbering system is normally used so that new accounts can be added without affecting other account numbers