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If a Trial Balance Does Not Balance

Question 2

Multiple Choice

If a Trial Balance does not balance:


A) The difference between them is: debit - credit = profit. (If credit is greater, there is a loss)
B) The difference between them is: credit - debit = profit. (If debit is greater, there is a loss)
C) There must be an error somewhere.
D) The difference between them is the increase in assets or liabilities to the business

Correct Answer:

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