Which of the following assertions is accurate?

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A Trial Balance that balances guarantees no transaction has been fully missed.If any transaction is excluded, the Trial Balance will fail to balance.Customers purchasing goods on credit are not eligible for cash discounts.A credit balance shown in the Pass Book signifies that deposits exceed withdrawals.None of the above.

Explanation

Option D is correct because a credit balance in the Pass Book reflects a positive balance, meaning that the total deposits are greater than the withdrawals. Conversely, a debit balance represents an overdraft or unfavorable balance. The other statements are incorrect: a Trial Balance can still balance even if transactions are omitted (A), omission of a transaction does not always cause imbalance (B), and customers buying on credit may still receive cash discounts under certain terms (C). Therefore, statement D is the accurate one.