Accountancy, asked by skvigneshkumar2002, 4 months ago

1. If the sum of the debits and credits in a trial balance is not equal, then? ​

Answers

Answered by vivek2526
2

Answer:

hope it helps you please follow me

Explanation:

If the total of the debit column does not equal the total value of the credit column then this would show that there is an error in the nominal ledger accounts. This error must be found before a profit and loss statement and balance sheet can be produced. Hence trial balance is important in case of adjustments.

Similar questions
Math, 9 months ago