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A trial balance proves that debits and credits are equal in the ledger. supplies a listing of open accounts and their balances that are used
A trial balance
proves that debits and credits are equal in the ledger.
supplies a listing of open accounts and their balances that are used in preparing financial statements.
is normally prepared three times in the accounting cycle.
All of these answer choices are correct.
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Business Accounting
Authors: Frank Wood, Alan Sangster
7th Edition
0273619829, 9780273619826
