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Commerce · Q141

Miscellaneous in Commerce

Graduate and Post Graduate · Commerce · question 141

Q141

The trial balance is . . . . . . . .

A.
is a formal financial statement
B.
is used to prove that there are no errors in the journal or ledger
C.
provides a listing of every account in the chart of accounts
D.
provides a listing of the balance of each account in active use
Answer

Answer: Option D

Solution

Answer: Option D
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