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    Financial and Managerial Accounting Study Set 8
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    Exam 3: The Accounting Cycle: Capturing Economic Events
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    If the Trial Balance Has a Higher Debit Balance Than
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If the Trial Balance Has a Higher Debit Balance Than

Question 68

Question 68

Multiple Choice

If the trial balance has a higher debit balance than credit balance,it signifies:


A) Assets are more than liabilities.
B) A profit.
C) A loss.
D) An error has been made.

Correct Answer:

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