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What is the purpose of a trial balance?If the debits equal the credits in the trial balance, will the financial statements be error-free?Why or why

What is the purpose of a trial balance?If the debits equal the credits in the trial balance, will the financial statements be error-free?Why or why not?

What is an account and how does it help in the recording process?

Define cash activities as operating, investing, or financing and give one example of each.

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