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A Trial Balance proves: Transactions are recorded properly The sum of all Debit balances equal the sum of all Credit balances Assets = Liabilities Revenues
A Trial Balance proves:
| Transactions are recorded properly | ||
| The sum of all Debit balances equal the sum of all Credit balances | ||
| Assets = Liabilities | ||
| Revenues = Expenses |
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Accounting Information Systems
Authors: Steven M. Bragg
2nd Edition
164221079X, 9781642210798
