20. Which of the following statements about the trial balance is/are true? (1) A trial balance is not necessary if control account reconciliations are performed (2) If the trial balance agrees then it is unlikely that there are any major errors in the underlying accounting records (3) A closing credit balance on the cash ledger account is shown under the debit column of the trial balance
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A" (and any subsequent words) was ignored because we limit queries to 32 words.
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