In a trial balance, if total debits do not equal total credits when the accounts are totaled,
A) the bookkeeper must have made an error.
B) the expected inequality is corrected during the normal adjusting process.
C) no change is made because the amount of assets will typically exceed the amount of liabilities.
D) the company will report a loss on its income statement because expenses are greater than revenues.
Correct Answer:
Verified
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