Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I am aware that the trial balance has to be equal in debits and credits and balance. However does it need to be the same

I am aware that the trial balance has to be equal in debits and credits and balance.

However does it need to be the same figure as the general journal?

My trial balance is lower - it still balances and Ive ensured ive posted everything to the ledger

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cornerstones of Managerial Accounting

Authors: Mowen, Hansen, Heitger

3rd Edition

324660138, 978-0324660135

More Books

Students also viewed these Accounting questions

Question

2. What are your challenges in the creative process?

Answered: 1 week ago