In trial balance,if the sum of the debits is NOT equal to the sum of the credits,what does this signify?

Question

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In trial balance, the sum of debits should always equal the sum of credits. If they are not equal, it indicates that there is an error somewhere in the accounting process, such as a mistake in journalizing or posting transactions, or in computing the balance of an account. It is important to locate and correct the error before proceeding with the preparation of financial statements. Therefore, the best choice is D.

In Trial Balance,if the Sum of the Debits Is NOT