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Multiple Choice Question 48 Which of the following statements about the trial balance is not true? O Debit balances must equal credit balances. It includes

image text in transcribed Multiple Choice Question 48 Which of the following statements about the trial balance is not true? O Debit balances must equal credit balances. It includes only assets, liability and equity accounts. It is useful for detecting errors. It is an important step in the accounting cycle

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