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If both sides of a trial balance are equal, does it mean there are no errors in the accounting records?

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Question added by Joseph tinde
Date Posted: 2016/08/26
Christoph Platz
by Christoph Platz , CEO , Platz & von Oertzen GmbH

Of course not. You have a lot of mistakes that lead to a wrong balance sheet. There are too many to list here.

Nadjib RABAHI
by Nadjib RABAHI , Freelancer , My own account

Not necessarily, you can have an amount that is recorded twice, that is to say a duplicate.

So. there may be errors

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