33. A revenue account 34. If the trial balance is not balanced, it means that the total debits does not equal the total credits. 35. Errors may come from journalizing, posting to the ledger accounts or in the transfer of the amounts to the trial have a normal debit balance. balance.

33. A revenue account 34. If the trial balance is not balanced, it means that the total debits does not equal the total credits. 35. Errors may come from journalizing, posting to the ledger accounts or in the transfer of the amounts to the trial have a normal debit balance. balance.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Help me answer 33-35 TRUE OR FALSE

33. A revenue account will have a normal debit balance.
34. If the trial balance is not balanced, it means that the total
debits does not equal the total credits.
35. Errors may come from journalizing, posting to the ledger
accounts or in the transfer of the amounts to the trial
balance.

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