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What are those answers? Which of the following is not true about the trial balance: List of all accounts and their balances at certain date
What are those answers?
Which of the following is not true about the trial balance: List of all accounts and their balances at certain date showing total debits equal total credits O Used to prove total debits equal total credits O Helps us in preparing for adjusting entries Not used to check for errors in posting to general ledger Which of the following is not true when posting to the general ledger? o Use T-accounts to transfer the account balances Provides a single location to update the account balances General ledger does not update the trial balance Posting is the process of transferring the debit and credit amounts from the journal to the general ledger Which financial statement is salaries payable a part of? Statement of Cash Flows Income statement Statement of Stockholders' Equity Balance sheetStep by Step Solution
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