What was the domestic system?
a. the domestic system was a way of investing capital for a profit.
c. the domestic system allowed control of land, labor and capital by individual persons.
b. the domestic system was an arrangement in which the wealth of a business is shared.
d. the domestic system allowed people to manufacture goods in their own homes.

The best answer to the question 'What was the domestic system?' would be letter c. The domestic system allowed control of land, labor and capital by individual persons. This is also called a putting-out system and led to unemployment when it was early practiced.

The trial balance is an error checking step that helps companies using double entry accounting to locate errors in their ledgers. In double entry accounting, each debit has a corresponding credit which means that incomes are allocated to match savings of expenditures. A trial balance tallies all credits and matches them against debits. If the credits do not match the debits, a discrepancy account is created with and entry to offset the imbalance. Next, the ledgers are reviewed to reduce and ultimately eliminate the discrepancy.