A Trial Balance Can Best Be Explained as a List

question 104

Multiple Choice

A trial balance can best be explained as a list of:

• A)The income statement accounts used to calculate net income.
• B)Revenue,expense,and dividend accounts used to show the balances of the components of retained earnings.
• C)The balance sheet accounts used to show the equality of the accounting equation.
• D)All accounts and their balances at a particular date.

---

Definitions:

Crystalline Rocks

Rocks that are composed of crystals or have a crystal-like structure, often formed through the cooling of molten rock.

Continental Shield

A central region of many continents consisting of relatively old metamorphic and igneous rocks, commonly of Precambrian age.

Sediment-Filled Basin

A low area on the earth's surface where sediments have accumulated over time, often forming layers that can contain valuable geological information.

Regional Effects

Regional effects refer to the impacts or consequences of natural or human activities that are felt over a wide geographic area, often crossing administrative boundaries.