If the Trial Balance Is in Balance, It Can Be

question 199

True/False

If the trial balance is in balance, it can be assumed that all journal entries were posted correctly and no errors were made.

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Definitions:

Trivialize

To make something seem less important, serious, or complex than it actually is.

Confidence Rebuild

The process of restoring self-assurance and belief in one’s own abilities after a period of doubt.

Defamation

The action of damaging the good reputation of someone through false or unjustified statements, which can be libel if written or slander if spoken.

Legal Advisers

Professionals who provide expert advice on legal matters and guide clients through legal situations or procedures.