When the columns of the trial balance equal each other,it means that no errors have occurred in recording and posting the transactions.
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Q39: Entering transactions into the journal is called
Q50: Recording an account with a debit balance
Q51: Accounts Receivable and Accounts Payable are used
Q52: In a trial balance,accounts are listed in
Q53: Expenses should be recorded when they have
Q54: Revenue should be recorded when the related
Q56: The journal account form has a Balance
Q57: A net income of $10,000 means that
Q58: In a journal entry,credits are always indented.
Q60: It is sometimes correct for a compound
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