The agreement of the trial balance totals is an indication that all transactions have been properly recorded in the books of accounts. Do you agree with this statement?

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asked Dec 18, 2022 5.8k views

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Rodrigo Ehlers · Answer 1 · 2022-12-23T17:51:52+0000

Answer:

No

Step-by-step explanation:

The trial balance shows the totals of all transactions that have been recorded. It has no way of knowing if there are additional transactions that have not been recorded.

The agreement of the trial balance totals is an indication that all transactions have been properly recorded in the books of accounts. Do you agree with this statement?

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