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Which of the Following Statements Is True

Question 51

Multiple Choice

Which of the following statements is true?


A) The trial balance is never used to prepare financial statements.
B) The trial balance is a list of all the accounts in the journal
C) Another name for the trial balance is the "chart of accounts"
D) The trial balance is a list of the accounts in the general ledger
E) A trial balance is only prepared at year end

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