Login to manage your account

Please enter a valid email address.
Forgot Password?
Please enter a valid password.
OR

Don't have an account yet? Sign up

A trial balance that balances proves that:

  1. A No errors have been made
  2. B Total debits equal total credits
  3. C All transactions were recorded in the correct accounts
  4. D The financial statements are accurate
Answer

Total debits equal total credits

A balanced trial balance does not detect errors of omission, commission, principle or compensating errors, all of which leave debits and credits equal.

All Accounting MCQs

Login to manage your account

Please enter a valid email address.
Forgot Password?
Please enter a valid password.
OR

Don't have an account yet? Sign up as