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A Trial Balance Summarises a Ledger by Listing All the Accounts

question 48

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A trial balance summarises a ledger by listing all the accounts with their ending balances.


Definitions:

Market Value

The cost for buying or selling assets or services in the marketplace at this time.

Constant Rate

A fixed percentage rate applied over a certain period which does not change.

Dividend Per Share

The amount of dividends paid to shareholders per share, indicating the distribution of company profits to shareholders.

Annual Dividend

The sum of all dividends a shareholder gets from a company over the course of a year.

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