A trial balance: a. lists all accounts and their balances. b. lists only revenue and expense accounts.
Question:
A trial balance:
a. lists all accounts and their balances.
b. lists only revenue and expense accounts.
c. will help detect omitted journal entries.
d. detects all errors that could be made during the journalizing or posting steps of the accounting cycle.
Cornerstone Exercises Cornerstone Exercise
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Related Book For
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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