A report that lists a business's accounts and their balances,in which the total debit balances should equal the total credit balances,is called a(n):
A)Account balance.
B)Trial balance.
C)Ledger.
D)Chart of accounts.
E)General Journal.

Question

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A trial balance is a report that lists a business's accounts and their balances, with the totals of the debit balances equal to the totals of the credit balances. This report is used to ensure that the accounting entries are balanced and error-free before creating financial statements. The other options (A, C, D, E) are not specific enough to accurately describe a report that lists account balances and their total debits and credits.

A Report That Lists a Business's Accounts and Their Balances,in