Multiple Choice
On a trial balance, if the Debit and Credit column totals are equal, then:
A) All entries from the journal have been posted to the ledger correctly.
B) The balance sheet would be correct.
C) All ledger account balances are correct.
D) Equal debits and credits have been recorded for transactions.
E) All transactions have been recorded correctly.
Correct Answer:
Verified
Correct Answer:
Verified
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