r'art D [IU mama) (i) The Trial Balance and the Balance Sheet are two common reports prepared by an organisation. a. Describe the key features of the Trial Balance b. Describe the key features of the Balance Sheet. (ii) Before paying a tax invoice for the purchase of goods, list steps you would take to check that the invoice is valid and accurate. (iii) Identify from the fist below the accounting standard or legislative or reguiatory requirement that best matches the definition. Corporations Act 2001 Australian Tax Office AASB107 AASB1048 IFRS Partnership Act 1892 (NSW) a. This Act regulates companies ................................ b. This accounting standard provides information about the requirements and presentation of Cash Flow Statements .................................... c. This Act sets out the rights and obligations for partners within a partnership