If all activities have been properly recorded, the total of all debit balances
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If all activities have been properly recorded, the total of all debit balances

Question 4

The trial balance lists the balances for all general ledger accounts. If all activities have been properly recorded, the total of all debit balances in various accounts should equal the total of all credit balances. If they don’t, a posting error has occurred. 

(a) How can one detect such an error?

(b) Support your answer with an example of your own.

Hint
Accounts & FinanceTrial balance: It is a bookkeeping worksheet in which the balance of all ledgers are basically compiled into the debit and credit account column totals which are equal. Also, a company, usually at the end of every reporting period, prepares the trial balance periodically....
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