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Proof that the dollar amount of debits equals the dollar amount of credits in the ledger means: all of the information from the journal was...
34. Proof that the dollar amount of debits equals the dollar amount of credits in the ledger means: a. all of the information from the journal was correctly transferred to the ledger b. all accounts have their correct balances in the ledger c. only the journal is accurate; the ledger may be incorrect d. only that the debit dollar amounts equal the credit dollar amounts 35. A trial balance is prepared to: a. prove that there were no errors made in recording transactions into the journal. B. prove that no errors were made in posting to the ledger. C. prove that each account balance is correct. D. summarize the account balances as a help to preparing financial statements.
