If a trail balance is in agreement; one of the statement is untrue?

A. the accounting system is error-free
B. equal debit entries and credit entries were recorded for each transaction
C. the debit and credit from the journal were posted to the accounts
D. account balances were correctly computed

Correct Answer:

Option A – the accounting system is error-free

Explanation

Agreement of trial balance does mean it is error-free. Some errors might not be disclosed by mere agreement