When Is a Trial Balance Usually Prepared

question 176

Multiple Choice

When is a trial balance usually prepared?

• A) after each entry is journalized
• B) before the financial statements are prepared
• C) after the financial statements are prepared
• D) at the beginning of an accounting period

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Definitions:

Interactionally

Pertaining to or involving interaction or reciprocal action, influence, or communication among people.

Race

A socially constructed categorization of humans based on physical characteristics, ancestry, historical affiliations, and cultural elements.

Evidence

Information used to support or refute an argument or claim, often presented in legal contexts to prove or disprove the elements of a case.

Passing

Presenting yourself as a member of a different group than the stigmatized group to which you belong.