Jack liangNov 24, 2021 · 3 years ago2 answers Can a trial balance be used to detect any discrepancies or fraudulent activities in cryptocurrency transactions?
In the context of cryptocurrency transactions, can a trial balance be utilized as an effective tool to identify any inconsistencies or potential fraudulent activities? How does the trial balance concept apply to the unique characteristics of cryptocurrency transactions? What are the limitations and challenges in using a trial balance for detecting discrepancies or fraudulent activities in the cryptocurrency space?