If the debit and credit columns of a trial balance have the same totals, the recording and posting of entries are all guaranteed correct.Select one:TrueFalse

The debit and the credit columns of the journal are totaled.Select one:TrueFalse

What is the natural account balance for provisions? A. Debit and Credit B. Credit C. No balance D. Debit

Explain why a trial balance needs to be prepared. A trial balance is prepared to facilitate the of the statements and to ensure the arithmetic in recording.

Identify the normal balance (debit or credit) for each of the following accounts.

A trial balance is prepared to facilitate the of the statements and to ensure the arithmetic in recording.