Accountancy, asked by adi4485, 1 year ago

rates will be debit or credit in trial balance

Answers

Answered by PrinceAkash1st
7
Hey friends

"The firm would prefer instead to find mistakes itself during the trial balance period, then having external auditors find them after publishing. Total Debits Must Equal Total Credits. The debit and credit totals in the trial balance must match to build the new Income statement and Balance sheet correctly."

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