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      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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