Question Details

A trial balance is normally prepared at the end of the day.



True or false:
1.	In a trial balance, all debits are listed before all credits.



	2.	A trial balance is normally prepared at the end of the day.

	3.	When the columns of the trial balance equal each other, it means that no errors have occurred in recording and posting the transactions.


	4.	A transposition error will cause the trial balance to be out of balance by an amount that is evenly divisible by nine.



	5.	Recording an account with a debit balance as a credit, or vice versa, will cause the trial balance to be out of balance by an amount that is evenly divisible by two.




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