QUESTION 1 What can an accountant offer? A. Bagels and cream cheese. B. A merchandising business that sells accounting machines. C. A professional service that can provides financial advice or help prepare financial info on an entity. D. A government only financial service. QUESTION 2 Which of the following is not a correct accounting/balance sheet equation? A. Liabilities -Assets-Owner's Equity B. Assets=Liabilities-Owner's Equity C. Asset-Liabilities+Owner's Equity OD. Owner's Equity-Assets-Liabilities QUESTION 3 Posting is the process of transferring information from A. A journal to a ledger. B. A ledger to a journal. C. A ledger to a trial balance. D. A journal to a trial balance. QUESTION 4 A Trial Balance is a A. Book of original entry, B. Book of an accounts. C. Key financial statement. D. Summary of the general ledger balances as of s specific date