If the books follow double entry, what must be true of a trial balance?
ADebit total exceeds credit total
BCredit total exceeds debit total
CDebit total equals credit total
DEach account shows a debit balance
Answer & Solution
Correct answer: C. Debit total equals credit total
Every transaction has equal debits and credits, so the two column totals must agree.
Keep practising Trial Balance
Browse all Trial Balance questions for CA Foundation, or explore more Accounting topics.
Related questions
Which entries decrease an account on the right side of the equation, such as a liability?Which of these is a non-current asset?Which is a long-term liability?Claims of the owners on the assets of the business are shown inDebts or future obligations owed to others are recorded inDebtors, cash and stock are examples ofThe general ledger holds a ledger account for each item in theA suspense account is used to