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PRC-1 · Chapter 8 · Question 44 of 100

A credit sale of Rs. 600 was completely omitted from the books. How does this affect the trial balance?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: C) The trial balance will still agree

Explanation

Complete omission of a transaction means neither a debit nor a credit was posted. Since both sides are equally missing 600, the trial balance remains balanced.

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