Which of the Following Statements About the Unadjusted Trial Balance

question 69

Multiple Choice

Which of the following statements about the unadjusted trial balance is correct?

• A)A trial balance is an external report used to determine whether total assets equal total liabilities.
• B)You can assume that no errors were made in the recording of transactions if total debits equal total credits on the unadjusted trial balance.
• C)A trial balance shows the ending balances obtained from the ledger listed in either the asset or liability column.
• D)A trial balance lists every account name in one column,usually in the order of assets,liabilities,stockholders' equity,revenues and expenses.