If the total debits equal the total credits on the trial balance,the individual account balances will be error free.

Name: If the total debits equal the total credits on the trial balance,the individual account balances will be error free.
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Question

Quizplus · Accepted Answer

Total debits can equal total credits on the trial balance; however, there still could be errors in individual account balances because an incorrect amount might have been recorded in an individual journal entry.

If the Total Debits Equal the Total Credits on the Trial