Companies use a trial balance to determine if: total assets equal total liabilities. total debits of all the accounts equal total credits of all the accounts. total debits of the balance sheet accounts equal the total credits of the balance sheet accounts. total debits of the income statement accounts equal the total credits of the income statement accoul Moving to another question will save this response. stion 20 Preferred stock is least likely to have which of the following characteristics? The right of the holder to convert the shares to common stock Preference as to dividends Preference as to voting Preference as to assets on liquidation of the corporation -> Moving to another question will save this response