The equality of the accounting equation can be proven by preparing a:
A) trial balance.
B) journal.
C) general ledger.
D) T account.

Name: The equality of the accounting equation can be proven by preparing a: A) trial balance. B) journal. C) general ledger. D) T account.
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Question

Quizplus · Accepted Answer

A trial balance is a report that lists the balances of all general ledger accounts to ensure that total debits equal total credits, thus proving the equality of the accounting equation.

The Equality of the Accounting Equation Can Be Proven by Preparing