Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 33 - No. 49)
What must the total of the debit balances equal to in a trial balance?
The total assets.
The total liabilities.
The total credit balances.
The total owner's equity.
Explanation
In a trial balance, the total of all debit balances must equal the total of all credit balances.
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