What Is Created by Totaling Debit Balances and Credit Balances

question 15

Multiple Choice

What is created by totaling debit balances and credit balances to confirm that total debits equal total credits?

• A)Trial balance
• B)Balance sheet  
• C)Accounts payable
• D)Ledger statement

---

Definitions:

Mathematical Equation

A statement of equality between two expressions which holds true under certain conditions.

Independent Variable

A variable in an experiment or model that is manipulated to observe its effect on the dependent variable.

Dependent Variable

A variable in experimental and statistical modeling whose value is dependent on the influence of another variable (the independent variable).

Coefficient Of Determination

A statistic that indicates the proportion of the variance in the dependent variable that is predictable from the independent variable(s).