Multiple Choice
Which of the following statements about the unadjusted trial balance is correct?
A) A trial balance is an external report used to determine whether total assets equal total liabilities.
B) You can assume that no errors were made in the recording of transactions if total debits equal total credits on the unadjusted trial balance.
C) A trial balance shows the ending balances obtained from the ledger listed in either the asset or liability column.
D) A trial balance lists every account name in one column,usually in the order of assets,liabilities,stockholders' equity,revenues and expenses.
Correct Answer:

Verified
Correct Answer:
Verified
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