QUESTION Which of the following statements about the trial balance are true? SELECT ALL THAT APPLY DO The accounts on the trial balance are listed with assets followed by lubilities and then equity related accounts The financial statements are prepared from the trial balance (tis a st of all accounts and their balances at a point in time The trial balance and the balance sheet are not the same formuts and purposes are quite different It is one of the standard accounting reporting statements wed to external parties at the end of a period It is a report usually made available to external parties YOU WERE SURE AND INCORRECT