Question

cross - adding means that you add the totals of all debit columns to see that they are equal to the totals of all credit columns.
false
true
question 14
the trial balance is in balance if:
the total equals owners equity
the total of all the subsidiary ledgers equals the total of all the journals
the total assets equal the total liabilities
the total debits equal the total credits

Explanation:

In accounting, cross - adding is used to verify that the total of debit columns equals the total of credit columns, which is a fundamental principle for ensuring the accuracy of financial records. Also, a trial balance is in balance when the total debits equal the total credits as it reflects the double - entry accounting system where every transaction has equal debit and credit amounts.

Answer:

First question: True
Question 14: The total debits equal the total credits