The purpose of a trial balance is to prove that the totals of the debit and credit balances in the ledger accounts
are equal.
Correct Answer:
Verified
Q13: The journal provides the information needed to
Q14: It is permissible to enter information about
Q15: Source documents provide objective,verifiable evidence of business
Q16: Copies of sales tickets or sales invoices
Q17: The purpose of a journal is to
Q19: The main advantage of a two-column account
Q20: The chart of accounts includes the account
Q21: Entering the account number in the Posting
Q22: Each entry in the journal affects two
Q23: A two-column journal has only two amount
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