Question

    A trial balance is

    a
    A real account Correct Answer Incorrect Answer
    B nominal account Correct Answer Incorrect Answer
    C list of balances Correct Answer Incorrect Answer
    D none of these Correct Answer Incorrect Answer

    Solution

    Trial balance is a statement that lists all the accounts and their balances at a given point in time. It is prepared by a company's accountants or bookkeepers as a part of the accounting cycle.

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