Customarily a Trial Balance Is Prepared

question 204

Multiple Choice

Customarily a trial balance is prepared

• A) at the end of each day.
• B) after each journal entry is posted.
• C) at the end of an accounting period.
• D) only at the inception of the business.

---

Definitions:

Cause-and-Effect Conclusion

The determination that one event (the cause) directly leads to another event (the effect).

Married People

Individuals who are in a legally recognized union or partnership with another person.

Unmarried People

Individuals who are not currently married or part of a marital union, including those who are single, divorced, or widowed.

Random Assignment

A method used in experiments in which participants are allocated to different groups purely by chance, minimizing biases and ensuring the groups are equivalent at the start of the experiment.