Accountancy, asked by saiyedmdowais62, 19 hours ago

8. What is squared up account

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Answered by dkharemika418

In a squared-up account, the total of both sides should be equal when the totals in any account are made. ... It is also known as a settled account. When the total of the amounts of debit balances and credit balances becomes equal, it is called a Trial balance.

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