A trial balance
A)is a list of accounts with their balances at a given point in time.
B)will not balance if a correct journal entry is posted twice.
C)will tell you if a transaction is not posted at all.
D)proves the factual accuracy of journalized transactions.

Question

Quizplus · Accepted Answer

A trial balance is a list of all accounts and their balances at a specific point in time, used to verify that total debits equal total credits in the ledger.

A Trial Balance