A trial balance is included in the full set of external financial statements,just like an income statement.

Name: A trial balance is included in the full set of external financial statements,just like an income statement.
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Question

Quizplus · Accepted Answer

A trial balance is an internal document prepared by the accounting department to ensure that the debits and credits are equal before preparing the external financial statements. It is not included in the full set of external financial statements.

A Trial Balance Is Included in the Full Set of External