You are presented with the following alphabetical list of accounts and balances (in thousands) for Taggar Enterprises

Question:

You are presented with the following alphabetical list of accounts and balances (in thousands) for Taggar Enterprises Inc. at June 30, 2015:
You are presented with the following alphabetical list of accounts

Instructions
(a) Prepare a trial balance at June 30, sorting each account balance into the debit column or the credit column.
(b) If debits equal credits in Taggar's trial balance, do you have reasonable assurance that no errors exist? Explain.

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Related Book For  book-img-for-question

Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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