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      Question

      A Trial Balance contains the balance of:

      A Only Nominal and Personal Accounts Correct Answer Incorrect Answer
      B Only Real and Nominal accounts. Correct Answer Incorrect Answer
      C Only Personal and Real accounts. Correct Answer Incorrect Answer
      D All accounts Correct Answer Incorrect Answer

      Solution

      Balances of all accounts in the ledger are transferred to the Trial Balance whether they are personal, real or nominal in nature. Thus, it can be said that a Trial Balance contains the balances of all the accounts.

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