A Trial Balance Lists Accounts in Which Order

question 21

Multiple Choice

A trial balance lists accounts in which order?

• A) Assets, Liabilities, Revenues, Expenses, Owner's equity
• B) Assets, Expenses, Liabilities, Revenues, Owner's equity
• C) Assets, Revenues, Liabilities, Expenses, Owner's equity
• D) Assets, Liabilities, Owner's equity, Revenues, Expenses

---

Definitions:

Exponential Growth

A growth pattern characterized by the rate of increase becoming quicker relative to the growing total number or size.

Financial Calculation

The process of determining financial figures, often involving interest, cash flows, investments, margins, and returns analysis.

Percentage

A part or portion of a whole, expressed as a fraction of 100, used to quantify relative differences or changes.

Daily Interest

The interest amount calculated on the principal amount on a daily basis.