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Scenario for Discussion You have just finished preparing the Unadjusted Trial Balance for your business. You are relieved to see that your total debits equal

Scenario for Discussion

You have just finished preparing the Unadjusted Trial Balance for your business. You are relieved to see that your total debits equal your total credits.

Does the fact that your total debits equal your total credits mean that all of your account balances are correct?

Why might your account balances be incorrect?

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