A Trial Balance Is a Listing of the

question 109

Multiple Choice

A trial balance is a listing of the

• A)transactions in a journal.
• B)chart of accounts.
• C)general ledger accounts and balances.
• D)totals from the journal pages.

---

Definitions:

Terminate Contractual Duties

The act of formally ending obligations stipulated in a contract by mutual agreement or as allowed by the contract terms.

Perfect Performance

The fulfillment of all obligations in a contract in the manner that was specified and agreed upon by the parties involved.

Complete

To finish all parts of a task or duty fully and to satisfaction.

Contract Condition

A provision in a contract that specifies a requirement or event that must occur or be met for the contract or a part of it to be fulfilled or enforced.