Accounting 0452 · IGCSE · The trial balance

The trial balance — practice question

The debit and credit totals in a trial balance are equal. What does this indicate?

  • AAll the arithmetic in the ledger is correct.
  • BAll transactions have been entered in the correct ledger accounts.
  • CAll transactions have been entered on the correct sides of the ledger.
  • DTotal debit balances equal total credit balances in the ledger.

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