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    Financial Accounting Study Set 7
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    Exam 2: Recording Business Transactions
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    This Summarizes All the Account Balances for the Financial Statements
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This Summarizes All the Account Balances for the Financial Statements

Question 78

Question 78

Multiple Choice

This summarizes all the account balances for the financial statements and shows whether total debits equals total credits:


A) ledger
B) trial balance
C) journal
D) accounting equation

Correct Answer:

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