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A trial balance: A. is prepared before journal entries are made. B. lists all income statement accounts, but not balance sheet accounts. C. is prepared
A trial balance:
A. is prepared before journal entries are made.
B. lists all income statement accounts, but not balance sheet accounts.
C. is prepared at the end of the accounting period.
D. is prepared before transactions are posted to the ledger.
E. guarantees that if total debits equal total credits, then all accounts have correct balances.
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