If a trail balance is in agreement, one of the statement ...
If a trail balance is in agreement, one of the statement is untrue
The accounting system is error free
Equal debit entries and credit entries were recorded for each transaction
The debit and credit from the journal were posted to the accounts
Account balances were correctly computed
Correct answer is A
Agreement of trial balance does mean it is error free. Some errors might not be disclosed by mere agreement
Subscription in advance is classified in the balance sheet as ...
Which of the following is not a unit of the computer? ...
Use the information to answer the given question \(\begin{array}{c|c} Dr & & & & &a...
Which of the following is not contained in sales ledger control account? ...
Akirika bought a motor van for his business by cash. The entries are to debit ...
Four broad classifications of overheads are ...
The source document sent by the seller to the buyer when goods are returned is ...