Accountancy

Quantitative Aptitude (Pb Patwari)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

Debit balance = Credit balance in a trial balance indicates that

No error in recording transactions

No error in posting entries to ledger accounts

Account balances are correct

Mathematically Capital + Liabilities = Assets

Debit balance = Credit balance in a trial balance indicates that Mathematically Capital + Liabilities = Assets.