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Although a trial balance may prove that debits and credits are equal, errors may still exist for which of the following reasons? Select answer from
Although a trial balance may prove that debits and credits are equal, errors may still exist for which of the following reasons?
Select answer from the options below
A transaction could have been completely omitted.
Only the debit part of a transaction was recorded and the credit was omitted.
A transaction amount was correctly recorded for the debit but the numbers were transposed in the recorded credit amount.
The debit for the transaction was correctly posted, but the credit was posted twice.
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