A. The transaction dae The ames of the accounts involved C The amount of each debit and cedt D. An expianation of the transaction E. The balance in each account 23 The credit purchase of a new oven for $4,700 was posted to Kitchen Equipment as a $4,700 debit and to Accounts Payable as a $4,700 debit. What effect would this emor have on the trial balance? column of the trial balance will exceed the total of the Credit column by $4,700 column by $4,700 A. The total of the Debit B. The total of the Credit column of the trial balance will exceed the total of the Debit C. The tot-ofthe Debit okrnn ofthe balance wil exceed te tot. of te od t column by D. The total of the Credit column of the trial bastance will exceed the total of the Debit column by $9,400 E. The total of the Debit column of the trial balance wil equal the total of the Credit column. 24. Blockchain technology, is based on all of the following principles E A. Uses a Distributed ledger where anyone in the network can access their own ledger B Crypto-technology using 256 bit logic for the public key C. Uses a public/private key combination to authenticate a transaction D. Virtual Private Network (VPN) so that the users access the same information E. Verification in that blocks" of data are linked to previous blocks in the chain 25. The current ratio: A. Is used to measure a company's profitability B. Is used to measure the relation between assets and long-term debt. C. Measures the effect of operating income on proft D. Is used to help assess a company's ability to pay its debts in the near future. E. Is calculated by dividing current assets by equity