A trial balance is:
A)a list of all accounts with their balances.
B)the first step in the accounting cycle.
C)another name for the chart of accounts.
D)another name for the balance sheet.

Name: A trial balance is: A)a list of all accounts with their balances. B)the first step in the accounting cycle. C)another name for the chart of accounts. D)another name for the balance sheet.
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

A trial balance is a list of all the accounts in the general ledger of a company, along with their balances.

A Trial Balance Is