Financial Accounting Quiz: Unadjusted Trial Balance
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Unadjusted Trial BalanceQuestion 1 of 9

Riverside Consulting prepared its unadjusted trial balance on June 30, 2024. The following accounts and amounts were extracted from their general ledger: Office Supplies $3,200, Prepaid Rent $7,200, Service Revenue $94,500, Salaries Expense $31,800, Rent Expense $14,400, Supplies Expense $4,700, Accounts Receivable $18,600, Cash $12,900, Equipment $45,000, Common Stock $25,000, Retained Earnings $17,400.

Based on the account information provided, what additional amount must be included in the credit column of Riverside Consulting's unadjusted trial balance to make it balance?

$0 - the trial balance is already in balance
$1,900 in additional credit balances
$3,800 in additional credit balances
$1,900 in additional debit balances
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Financial Accounting Quiz

Financial Accounting Quiz: Unadjusted Trial Balance

Practice Unadjusted Trial Balance in Financial Accounting with focused quiz questions that help you check what you know, review explanations, and build confidence with test-style prompts.

What this quiz covers

This quiz focuses on Unadjusted Trial Balance, giving you a quick way to practice the rules, question types, and explanations that matter most for Financial Accounting.

How to use this quiz

Try each quiz question before looking at the correct answer. Use the explanations to review missed ideas, then come back to similar questions until the pattern feels familiar.

All questions

Question 1

Riverside Consulting prepared its unadjusted trial balance on June 30, 2024. The following accounts and amounts were extracted from their general ledger: Office Supplies $3,200, Prepaid Rent $7,200, Service Revenue $94,500, Salaries Expense $31,800, Rent Expense $14,400, Supplies Expense $4,700, Accounts Receivable $18,600, Cash $12,900, Equipment $45,000, Common Stock $25,000, Retained Earnings $17,400.

Based on the account information provided, what additional amount must be included in the credit column of Riverside Consulting's unadjusted trial balance to make it balance?

  1. $0 - the trial balance is already in balance
  2. $1,900 in additional credit balances (correct answer)
  3. $3,800 in additional credit balances
  4. $1,900 in additional debit balances
Explanation: Total debits: Office Supplies $3,200 + Prepaid Rent $7,200 + Salaries Expense $31,800 + Rent Expense $14,400 + Supplies Expense $4,700 + A/R $18,600 + Cash $12,900 + Equipment $45,000 = $137,800. Total credits: Service Revenue $94,500 + Common Stock $25,000 + Retained Earnings $17,400 = $136,900. Credits need an additional $1,900 to balance. This could be Accounts Payable or other credit accounts not listed.

Question 2

Hartwell Services began operations on March 1, 2024. During March, the following transactions occurred: (1) Issued common stock for $50,000 cash, (2) Purchased equipment for $18,000 cash, (3) Purchased supplies on account for $2,400, (4) Performed services for cash $8,500, (5) Performed services on account $12,300, (6) Paid $1,200 for rent expense, (7) Paid $800 toward accounts payable, (8) Received $4,100 from customers on account, (9) Paid $2,200 in salaries expense, (10) Declared and paid $1,000 in dividends.

What is the total amount of credits in Hartwell Services' unadjusted trial balance at March 31, 2024?

  1. $72,200 (correct answer)
  2. $74,800
  3. $73,400
  4. $71,600
Explanation: Credit balances include: Common Stock $50,000, Service Revenue 20,800(20,800 (8,500 + $12,300), and Accounts Payable 1,600(1,600 (2,400 - $800). Total credits = $50,000 + $20,800 + $1,600 = $72,200. Choice B incorrectly includes the full $2,400 accounts payable without the payment. Choice C adds cash received incorrectly. Choice D fails to include all service revenue.

Question 3

Thompson Manufacturing's general ledger contains the following account balances before adjusting entries: Cash $15,400, Accounts Receivable $22,800, Inventory $38,200, Equipment $85,000, Accumulated Depreciation $12,600, Accounts Payable $18,500, Notes Payable $35,000, Common Stock $60,000, Retained Earnings $28,400, Sales Revenue $127,300, Cost of Goods Sold $76,800, Operating Expenses $43,600.

In Thompson Manufacturing's unadjusted trial balance, what is the difference between total debits and total credits?

  1. Debits exceed credits by $3,900
  2. Credits exceed debits by $3,900
  3. The trial balance is in balance (correct answer)
  4. Debits exceed credits by $7,800
Explanation: Total debits: Cash $15,400 + A/R $22,800 + Inventory $38,200 + Equipment $85,000 + COGS $76,800 + Operating Expenses $43,600 = $281,800. Total credits: Accumulated Depreciation $12,600 + A/P $18,500 + Notes Payable $35,000 + Common Stock $60,000 + Retained Earnings $28,400 + Sales Revenue $127,300 = $281,800. The trial balance is in balance. Other choices reflect common calculation errors.

Question 4

An unadjusted trial balance shows Supplies with a debit balance of $4,800, Prepaid Insurance with a debit balance of $3,600, Unearned Service Revenue with a credit balance of $2,400, and Service Revenue with a credit balance of $18,900. After discovering that $1,200 of supplies were incorrectly debited to Prepaid Insurance, what would be the total of all accounts with debit balances among these four accounts?

  1. $9,600
  2. $7,200
  3. $6,000
  4. $8,400 (correct answer)
Explanation: This question tests your understanding of correcting errors in trial balances and identifying which accounts normally carry debit balances. When you encounter error correction problems, focus on how the correction affects each individual account, then determine what the question is asking for. The error correction shows that $1,200 was incorrectly debited to Prepaid Insurance when it should have been debited to Supplies. To fix this, you need to reduce Prepaid Insurance by $1,200 and increase Supplies by $1,200. After the correction:
  • Supplies: $4,800 + $1,200 = $6,000 (debit balance)
  • Prepaid Insurance: $3,600 - $1,200 = $2,400 (debit balance)
  • Unearned Service Revenue: $2,400 (credit balance - not included)
  • Service Revenue: $18,900 (credit balance - not included)
The total of accounts with debit balances is $6,000 + $2,400 = $8,400. Choice A (9,600)incorrectlyaddsallfouraccountbalanceswithoutmakingthecorrection.ChoiceB(9,600) incorrectly adds all four account balances without making the correction. Choice B (7,200) adds the original Supplies and Prepaid Insurance balances without any correction ($4,800 + 2,400).ChoiceC(2,400). Choice C (6,000) only includes the corrected Supplies balance, forgetting that Prepaid Insurance still has a debit balance after correction. Remember that assets like Supplies and Prepaid Insurance normally have debit balances, while liability and revenue accounts like Unearned Service Revenue and Service Revenue have credit balances. When correcting errors, always trace through how each affected account changes, then carefully read what the question asks you to calculate.

Question 5

A company's unadjusted trial balance shows total debits of $245,600 and total credits of $248,900. Upon review, the bookkeeper discovered that a $1,650 credit to Accounts Receivable was incorrectly recorded as a $1,650 debit to Accounts Receivable. What should the corrected total debits equal in the unadjusted trial balance?

  1. $243,950
  2. $242,300 (correct answer)
  3. $247,250
  4. $245,600
Explanation: When you encounter trial balance errors, focus on how the mistake affects both the debit and credit sides, then trace through the correction step by step. Start with the original situation: total debits of $245,600 and total credits of $248,900. The error was recording a $1,650 credit to Accounts Receivable as a $1,650 debit instead. This means the wrong entry added $1,650 to the debit side when it should have subtracted $1,650 from the debit side (since Accounts Receivable normally has a debit balance, and a credit reduces it). To correct this error, you need to remove the incorrect $1,650 debit and then apply the proper $1,650 credit. This creates a total adjustment of $3,300 to the debit side: $245,600−1,650−1,650=242,300245,600 - 1,650 - 1,650 = 242,300 $ The corrected total debits should equal $242,300, making B correct. Looking at the wrong answers: A (243,950)onlyremovestheincorrectdebitentrybutfailstoapplythepropercredit,missinghalfthecorrection.C(243,950) only removes the incorrect debit entry but fails to apply the proper credit, missing half the correction. C (247,250) incorrectly adds the correction amount instead of subtracting it. D ($245,600) represents no change at all, ignoring the error entirely. Remember that Accounts Receivable corrections have double impact because you're both undoing the wrong entry and applying the right one. Always work through both steps: first reverse the error, then record what should have been entered originally. This systematic approach prevents you from missing half the correction.

Question 6

Which of the following accounts would typically appear as a credit balance in an unadjusted trial balance for a merchandising company?

  1. Purchases Returns and Allowances, Accumulated Depreciation, and Prepaid Insurance
  2. Sales Returns and Allowances, Purchase Discounts, and Unearned Revenue
  3. Purchase Returns and Allowances, Sales Revenue, and Accounts Payable (correct answer)
  4. Cost of Goods Sold, Freight-in, and Interest Expense
Explanation: Purchase Returns and Allowances (contra-expense), Sales Revenue (revenue), and Accounts Payable (liability) all have normal credit balances. Choice A includes Prepaid Insurance (asset with debit balance). Choice B includes Sales Returns and Allowances (contra-revenue with debit balance). Choice D lists all expense accounts with normal debit balances.

Question 7

Global Enterprises maintains the following accounts in their general ledger. During the preparation of their unadjusted trial balance for the month ended April 30, 2024, the accounting clerk compiled these balances: Cash $28,500, Accounts Receivable $41,200, Office Equipment $67,800, Vehicles $89,300, Accounts Payable $23,600, Bank Loan Payable $55,000, Common Stock $75,000, Sales Revenue $156,400, Salary Expense $48,900, Rent Expense $12,000, Utilities Expense $8,700, Advertising Expense $13,600.

In Global Enterprises' unadjusted trial balance, the total debits should equal:

  1. $226,800
  2. $227,000
  3. $296,400
  4. $310,000 (correct answer)
Explanation: Trial balances are fundamental tools in accounting that ensure your books are mathematically balanced. The key principle is that total debits must always equal total credits, reflecting the accounting equation where Assets + Expenses = Liabilities + Equity + Revenues. To find the total debits, you need to identify which accounts have normal debit balances. Assets and expenses are debit accounts, while liabilities, equity, and revenues are credit accounts. Let's calculate the debit side: Debit accounts:
  • Cash: $28,500
  • Accounts Receivable: $41,200
  • Office Equipment: $67,800
  • Vehicles: $89,300
  • Salary Expense: $48,900
  • Rent Expense: $12,000
  • Utilities Expense: $8,700
  • Advertising Expense: $13,600
Total debits: $28,500+41,200+67,800+89,300+48,900+12,000+8,700+13,600=310,00028,500 + 41,200 + 67,800 + 89,300 + 48,900 + 12,000 + 8,700 + 13,600 = 310,000 $ Option A (226,800)likelyomitsthevehicleamount,acommonerrorwhenstudentsmisslineitems.OptionB(226,800) likely omits the vehicle amount, a common error when students miss line items. Option B (227,000) appears to be a miscalculation of the same incomplete set. Option C ($296,400) represents the total credits (Accounts Payable $23,600 + Bank Loan Payable $55,000 + Common Stock $75,000 + Sales Revenue $156,400), showing confusion about which side of the trial balance was requested. The correct answer is D ($310,000). Study tip: When preparing trial balances, systematically categorize accounts first (Assets, Liabilities, Equity, Revenues, Expenses), then remember that Assets and Expenses are debits, while Liabilities, Equity, and Revenues are credits. This prevents mixing up the sides.

Question 8

When preparing an unadjusted trial balance, which of the following errors would cause the trial balance totals to be unequal?

  1. Recording a $500 cash payment for rent as a debit to Utilities Expense and credit to Cash
  2. Recording a $750 sale on account as a debit to Cash and credit to Service Revenue
  3. Recording a $400 cash receipt from customers as a debit to Cash for $40 and credit to A/R for $400 (correct answer)
  4. Recording a $300 purchase of supplies on account as debits to both Supplies and Accounts Payable
Explanation: Choice C creates unequal debits and credits ($40 debit vs $400 credit), causing the trial balance to be out of balance by $360. Choice A has equal debits and credits but wrong accounts. Choice B has equal amounts but wrong accounts (should be A/R, not Cash). Choice D incorrectly debits both accounts instead of debiting Supplies and crediting A/P, but the amounts could still be equal.

Question 9

Metro Services' bookkeeper prepared the following partial unadjusted trial balance for December 31, 2024. Several accounts were omitted from this listing: Cash $19,200, Equipment $56,000, Accumulated Depreciation - Equipment $8,400, Service Revenue $72,800, Wage Expense $28,500, Rent Expense $9,600, Insurance Expense $3,200, Interest Expense $1,800.

If Metro Services' complete unadjusted trial balance has total debits of $142,600, what is the combined balance of the omitted accounts that have normal debit balances?

  1. $24,300 (correct answer)
  2. $61,500
  3. $81,200
  4. $118,300
Explanation: Listed debit balances total: Cash $19,200 + Equipment $56,000 + Wage Expense $28,500 + Rent Expense $9,600 + Insurance Expense $3,200 + Interest Expense $1,800 = $118,300. Since total debits are $142,600, the omitted debit accounts total: $142,600 - $118,300 = $24,300. Choice B miscalculates by including credit balances. Choice C uses wrong base amounts. Choice D uses only the listed debits.