Question
plz solve all the questions

ed Jane Doe has prepared the trial balance for Braven Corp. Total debits are $25,678 while total credits are $30,034. Which o
Which of the following is incorrect? Select one: O A trial balance lists balances at a specific time. O A trial balance is pr
All of the following accounts have normal debit balances, except Select one: None of the above O Cash O Salaries Expense Defe
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Answer #1

1)

When a debit amount is posted on credit side, the total of credits will be more than debit.

Posted a debit as a credit.

3rd option

2)

Trial balance is prepared before the financial statements.

A trial balance is prepared after the financial statements.

5th option

3)

Deferred revenues are incomes received in advance which are treated as a liability. Liabilities have a normal credit balance.

Deferred revenue

4th option

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