Multiple Choice
A trial balance usually
A) lists all the debit balances first, then all the credit balances.
B) lists all the credit balances first, then all the debit balances.
C) lists all the accounts in alphabetical order.
D) lists all the accounts and balances in financial statement order.
Correct Answer:

Verified
Correct Answer:
Verified
Q66: A credit means that an account has
Q114: The ledger accounts should be arranged in<br>A)date
Q115: Usually, a trial balance is prepared<br>A)at the
Q116: The first step in the recording process
Q117: After a business transaction has been analyzed
Q118: An account will have a credit balance
Q120: The retained earnings on the trial balance
Q121: The first step in the recording process
Q122: Which pair of accounts follows the rules
Q124: Which of the following statements is true?<br>A)Debits