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What Assurance Do You Have If You Prepare a Trial

Question 27

Multiple Choice

What assurance do you have if you prepare a trial balance and the sum of the debits equals the sum of the credits?


A) That all journal entries have been posted to the ledger accounts
B) That all journal entries have been posted to the correct ledger account
C) That both a. and b. have occurred
D) You cannot be assured that either a. or b. have occurred.

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