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If total debits equal total credits in a trial balance, is it free of errors? Explain

If total debits equal total credits in a trial balance, is it free of errors? Explain.
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Nancy:

No it is not error free.  Just because the trial balance debits and credits equal doesn’t mean that a transaction wasn’t entered into the wrong account or numbers were entered incorrectly.   A debit and credit can be entered at the same time which makes it harder to see the errors

 

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If total debits equal total credits in a trial balance, is it free of errors? Explain was first posted on July 20, 2019 at 11:48 am.
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