Which Statement About a Trial Balance Is NOT True

Multiple Choice

Which statement about a trial balance is NOT true?

A) The trial balance can be prepared at any time, but is generally prepared at the end of the accounting period.
B) The trial balance is a list of all accounts with their balances.
C) The trial balance lists the income statement accounts and their balances first and then the balance sheet accounts and their balances.
D) The trial balance lists asset accounts and their balances first, then liability accounts and their balances, and then stockholders' equity accounts and their balances.