A Trial Balance Does Not Prove That All Transactions Have

question 108

True/False

A trial balance does not prove that all transactions have been recorded or that the ledger is correct.

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Definitions:

Unstated Premise

An implicit assumption that is not explicitly expressed within an argument but is necessary for the argument's conclusion to hold.

Syllogism

A type of logic where a conclusion is reached from two provided or assumed statements (premises); a typical structure in logical reasoning.

A Proposition

A categorical proposition asserting that all members of the subject category are included in the predicate category, typically formulated as "All S are P."

Conclusion

The end or finish of an event, process, or text, often summarizing the points made.