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What statement is true regarding the trial balance? The income statement is prepared using the post-closing trial balance. Incorrectly recording a cash sale as a

What statement is true regarding the trial balance?

The income statement is prepared using the post-closing trial balance.Incorrectly recording a cash sale as a sale on account would not cause the trial balance to be out of balance.Trial balances are only prepared at the end of an accounting period.A balance of debits and credits ensures that all transactions have been recorded correctly.

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