Multiple Choice
Which of the following statements is TRUE?
A) A trial balance is created after the balance sheet is prepared.
B) A trial balance is in the same format as a balance sheet.
C) A trial balance presents data in debit and credit format, but a balance sheet does not.
D) A trial balance shows total amounts for assets, liabilities, and equity.
Correct Answer:
Verified
Correct Answer:
Verified
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