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Which statement tests the accuracy of total debits and credits after transactions have been recorded

asked
User Apolfj
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1 Answer

5 votes

Answer:

The trial balance

Step-by-step explanation:

The trial balance in accounting for the financial transactions of a business entity records the total debits and credits balances on accounts, on each side of the trial balance. The total credit balance must equal total debits balances, and if not there is a discrepancy that must be looked into to ascertain which account or accounts the error may be coming from.

answered
User Emmanuel Mendoza
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7.9k points
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