The Trial Balance

question 81

Multiple Choice

The trial balance

• A) is a listing of all the accounts and their balances in the order the accounts appear on the statement of financial position.
• B) has as its primary purpose to prove (check) that all journal entries were made for the period.
• C) can be used to uncover errors in journalizing and posting.
• D) is used to prepare the statement of financial position while the general ledger is used to prepare the income statement.

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