If debit balances = credit balances, trial balance only shows or check the ____________ and it does not indicate that no errors were made during recording and posting.
AErrors of commission
BUnderstatements of balances
CArithmetic accuracy
DOmissions of economic events
Correct answer
C. Arithmetic accuracy
Explanation
Arithmetic accuracy is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.