Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 21 - No. 48)
If the total debits and credits do not match in a trial balance, what does this indicate?
The accounting equation is balanced.
There is a high probability of errors.
The business has made a profit.
All transactions have been correctly recorded.
Explanation
If the trial balance doesn't balance, it suggests that there are errors in the ledger.
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