Multiple Choice
Which of the following best describes a trial balance?
A) It is a required financial statement.
B) It is a financial statement that can be used in place of the income statement.
C) It is a numerical list of all accounts used by a company.
D) It is a tool used to prove the equality of debits and credits in the general ledger.
Correct Answer:
Verified
Correct Answer:
Verified
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