accounting question?????

Question

. If the sum of the debit column equals the sum of the credit column in a trial balance, it indicates

a. no errors have been made.
b. no errors can be discovered.
c. that all accounts reflect correct balances.
d. an equal amount of debits & credits were posted to the ledger accounts.

Answer 1

D is your best answer

Answer 2

D. (Maybe. Assuming you did the math right but 2 equal errors somewhere could still show an equal balance at trial yet it would be wrong.)

Last homework answer, by the way.

Answer 3

It indicates only that the debits and credits are equal.

(D) is the answer.

There could be numerous errors and yet the dr and cr could be equal.