(A) If a Trial Balance tallies, it always means that none of the transactions has been completely omitted (X)
(B) A Trial Balance will not tally if a transaction is omitted (X)
(C) A customer to whom goods have been sold on credit cannot avail himself of a cash discount (X)
(D) A credit balance in the Pass Book indicates excess of deposits over withdrawals (
)
Answers: Which of the following statements is true A credit balance in the Pass Book indicates excess of deposits over withdrawals.
