Multiple Choice
A trial balance is:
A) a list of balance sheet accounts with their balances.
B) prepared before the posting process is completed.
C) a list of all accounts with their balances.
D) a list of income statement accounts with their balances.
Correct Answer:
Verified
Correct Answer:
Verified
Q105: The retained earnings account represents the excess
Q106: Posting accounting transactions avoids the necessity of
Q107: The purchase of office computers for cash
Q108: The purchase of an automobile involving a
Q109: A chart of accounts is:<br>A)a list of
Q110: The normal balance of Dividends is a
Q111: The term "double- entry accounting" indicates that
Q113: Assets, owners' equity and dividends are all
Q114: The normal balance of the Dividends account
Q115: A business purchases a truck by signing