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, 2018. All accounts have a normal balance.
Instructions
(a) Prepare a trial balance.
(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
Financial Accounting Tools for Business Decision Making
ISBN: 978-1119368458
7th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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