A trial balance has which of the following features?
A)Totals for balance sheet accounts only.
B)Totals for income statement accounts only.
C)Totals for all accounts listed in the ledger.
D)Accounts are listed in alphabetical order.

Question

Quizplus · Accepted Answer

A trial balance includes totals for all accounts listed in the ledger, regardless of whether they are balance sheet or income statement accounts. The accounts may be listed in any order, not necessarily alphabetical.

A Trial Balance Has Which of the Following Features