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Select all that apply Which of the following statements correctly explains how to prepare a trial balance? ( Check all that apply. ) Verify that
Select all that apply
Which of the following statements correctly explains how to prepare a trial balance? Check all that apply.
Verify that the total debit balances equals the total credit balances.
List each account title and its amount from the ledger.
Total debit account balances do not have to equal total credit account balances in order for the financial statements to be prepared.
Compute the total of debit balances and the total of credit balances.
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