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Is it necessary that a trial balance be taken periodically

Intermediate Accounting | 15th Edition | ISBN: 9781118147290 | Authors: Donald E. Kieso ISBN: 9781118147290 164

Solution for problem 6 Chapter 3

Intermediate Accounting | 15th Edition

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Intermediate Accounting | 15th Edition | ISBN: 9781118147290 | Authors: Donald E. Kieso

Intermediate Accounting | 15th Edition

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Problem 6

Is it necessary that a trial balance be taken periodically? What purpose does it serve?

Step-by-Step Solution:
Step 1 of 3

×   ⃗⃗1⃗⃗2⃗⃗⃗3⃗ } ⃗3⃗ 2⃗⃗ ⃗1⃗⃗ ⃗3⃗⃗ = 1 1⃗⃗ +2 2⃗⃗⃗ 1⃗⃗2⃗⃗3⃗ } ⃗1⃗⃗2⃗⃗ } ⃗1⃗⃗2⃗ } = { , ,…, } ⃗⃗⃗⃗ 1 2 = 1 1 2 2⋯+ ⃗⃗ 1,2,…, ⃗ 1 [] = [ ] ⋮ ↦ [ ] ↦ => 3 −1 1= [6],2= [0 ] 2 1 3 −1 = {6 ] [0 ]} 2 1 ⃗ = ⃗ ( − ) 3. det( − ) = 0 1 3 −5 [0 2 4 ] 0 0 7 − ) = 0 1 − 3 −5 ( 0 2 − 4 ) = 0 0 0 7 − − 1 − 2 − 7 − = 0 => = 1,2,7 1,2,…, 1,2,…, 1,2,…, 10 0 0 0 1 0 0 [0 −4 0] [−2 0 ] [0 −5 0 0] 0 0 5 0 4 0 0 −7 0 0 0 0 6 1,2,…, , ,…, × ⃗ ⃗ ,) | ⃗ − | ⊥ ⊥ ⊥ ⊥ ( ) = ( ) =  . =  − = = ̂ + ̂ ⃗ ) ̂ = 1 1⃗⃗ +2 2⃗⃗ + ⋯+ ⃗⃗ .⃗⃗ = 2 | ⃗⃗ | = − ̂     6 −2 −1 [−2 6 −1] −1 −1 5 −1 −1 1 = 8,⃗1⃗⃗ =1[]; = 6,⃗2⃗⃗ −1[]; = 3,⃗3⃗ = 1 ] 0 2 1 1⃗⃗2⃗ ⃗3⃗ 1 1 1 − − 2 √6 √3 √ 1 1 ⃗1⃗ = 1 ; ⃗2⃗⃗ =− √6 ; ⃗3⃗⃗ =√3 √ 2 [ ] 2 1 0 [ √6 ] [√3] − 1 − 1 1 8 0 0 √2 √6 √3 1 1 1 = [0 6 0 ] = √2 − √6 √3 0 0 3 2 1 [ 0 √6 √3] ×

Step 2 of 3

Chapter 3, Problem 6 is Solved
Step 3 of 3

Textbook: Intermediate Accounting
Edition: 15
Author: Donald E. Kieso
ISBN: 9781118147290

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Is it necessary that a trial balance be taken periodically