Accountancy, asked by palakbuchha, 3 months ago

When is a trial balance called 'mathematically correct' ?​

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Answered by Anonymous
8

Answer:

When the total of debit and credit columns are equal, then the trial balance is regarded as balanced, i.e. the accounts are mathematically accurate, however, certain errors are still there, that might have occurred during journalizing and posting the entries into a ledger.

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