Economics · Trial Balance
If the Trial Balance of a company agrees, it is an explicit indication of:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The guaranteed absence of Errors of Principle and Compensating Errors.
- 2The accurate portrayal of a true and fair financial view.
- 3The ledger accounts being arithmetically correct only.✓
- 4The accounts being completely free from all types of errors.
Correct answer
The ledger accounts being arithmetically correct only.
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