A trial balance balances. Therefore there are no mistakes in the ledgers. True/ False?

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Cambridge International AS And A Level Accounting

ISBN: 9781444181432

1st Edition

Authors: Ian Harrison

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Question Posted: Aug 23, 2023 01:13 PM

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A trial balance balances. Therefore there are no mistakes in the ledgers. True/ False?

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False The fact that a trial balance balances does not necessarily guarantee that there are no mistak...View the full answer

Cambridge International AS And A Level Accounting

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