Which of the Following Statements Is True Regarding a Trial

question 81

Multiple Choice

Which of the following statements is true regarding a trial balance that balances?

• A)All transactions have been properly recorded.
• B)There are no missing transactions.
• C)This equality can only be achieved after closing entries have been recorded and posted to the ledger accounts.
• D)The equality of debits and credits has been proven.

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Definitions:

Delay

The period or amount of time by which something is late or postponed, often encountered in computing, networking, and real-life scenarios.

Effect Option

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Start Setting

A configuration or options menu in an operating system or software application where users can modify settings.

Hyperlink

A clickable element in a document or webpage that links to another part of the document or to an entirely different webpage.