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trial balance tells us about the true pic of company .It tells about the entries of differnt accounts are correct or not...if tha balance of trial balnce is equal on both sides it means the journal and ledgre are made coreect and there is not mistake...
if trial balce is not equal on both sides it mean there is a mistake in leadgr A/C as well as jounl .
NO. IT DOES NOT MEAN THERE ARE NO ERROR. A TB CAN TALLY IF THE ENTRIES ARE ON DIFFERENT ACCOUNTS WITH THE SAME AMOUNTS
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