Multiple Choice
The statement relating to a trial balance that is incorrect is:
A) A trial balance may be prepared at any time to test the equality of debits and credits in the ledger
B) A trial balance reports the financial performance of a business
C) The fact that the sum of the debit column equals the sum of the credit column does not guarantee that no errors have been made in the ledger
D) A trial balance is a list of all the accounts in the ledger with their current balances
Correct Answer:
Verified
Correct Answer:
Verified
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