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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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7 years ago
Which of the following statements is true of a trial balance?
A) A trial balance presents data in debit and credit format.
B) A trial balance is prepared after the balance sheet.
C) A trial balance has the same format as a balance sheet.
D) A trial balance shows the total amounts of assets and liabilities, but not equity.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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H3Ko Author
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#2
7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
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