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  3. Study Set
    Cornerstones of Financial Accounting Study Set 3
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    Exam 2: The Accounting Information System
  5. Question
    A Trial Balance Is the Listing of Each Active Account
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A Trial Balance Is the Listing of Each Active Account

Question 3

Question 3

True/False

A trial balance is the listing of each active account and its corresponding debit or credit balance at a particular point in time.

Correct Answer:

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