Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 17 - No. 31)

What is the relationship between debits and credits in a trial balance?
Debits always exceed credits.
Credits always exceed debits.
Debits and credits must be equal.
Debits and credits are unrelated.

Explanation

Debits must equal credits for the trial balance to be correct.

Comments (0)

Advertisement