Categories
Popular Categories

Accounting

Agriculture

Auditing

Biology
More Categories

Chemistry

Computer

Economics

Engineering
Explore More

Looking for specific topics or want to browse our complete collection of categories?

View All Categories
8 categories
Quizzes
Leaderboard

Register

Question #73068

Debit balance = Credit balance in a trial balance indicates that:

Options:

A) No error in recording transactions

B) No error in posting entries to ledger accounts

C) Account balances are correct

D) Mathematically Capital+Liabilities=Assets

Answer: Debit balance = Credit balance in a trial balance indicates that: Mathematically Capital+Liabilities=Assets.

Related Questions

Category

Browse More Accounting Questions

Test Your Knowledge

Want to practice more questions like this? Take a quiz in this category!

Take a Quiz

Share This Question