📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    âš¡ Azaadi sale - Celebrate Independence Day with Flat 55% Off On all courses! 13 to 17 Aug âš¡ Enroll Now

    Question

    Is the total of Debit and Credit side of Trial Balance

    the same?
    A No, there are some times good reason why they differ. Correct Answer Incorrect Answer
    B Yes, always. Correct Answer Incorrect Answer
    C Yes, except where the Trial Balance is extracted at the year end. Correct Answer Incorrect Answer
    D No, because it is not a Balance Sheet. Correct Answer Incorrect Answer

    Solution

    Yes, the total of the Debit and Credit sides of a Trial Balance should always be the same.

    Practice Next

    Relevant for Exams:

    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call