On a trial balance,if the Debit and Credit column totals are equal,then:
A)All transactions have been recorded correctly.
B)All entries from the journal have been posted to the ledger correctly.
C)All ledger account balances are correct.
D)Equal debits and credits have been recorded for transactions.
E)The balance sheet would be correct.

Question

Quizplus · Accepted Answer

Equal debits and credits have been recorded for transactions, ensuring that the trial balance totals match, but this does not guarantee the accuracy of individual transactions or account balances.

On a Trial Balance,if the Debit and Credit Column Totals