A Summary of the Ledger That Lists the Accounts and Their

question 132

Multiple Choice

A summary of the ledger that lists the accounts and their balances, in which the total debit balances should equal the total credit balances, is called a(n)

• A) Account balance
• B) Trial balance
• C) Ledger
• D) Chart of account
• E) General Journal

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Definitions:

Abilities

denote a person's capabilities to perform tasks or activities, often assessed in various domains such as cognitive, physical, and social.

Athletic

Refers to activities, skills, or individuals involved in sports or physical exercise.

Counting

The action of determining the total number of objects in a collection by assigning a numerical value to each.

Forbidden Act

Actions or behaviors that are prohibited by law, social norms, or cultural standards.