Which statement is true regarding the trial balance and audit trail Both trial balance and audit trail have the same meaning and the same function Trial balance exists when there is sufficient documentation to allow the tracing of a transaction from beginning to end or from the end back to the beginning An audit trail exists when there is sufficient documentation to allow the tracing of a transaction from beginning to end or from the end back to the beginning, while the trial balance used to prepare the financial reports. In the audit trail, debit balances should be equal to credit balances to discover any error