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Which of the following statements correctly describes a trial balance? a. It reports the activities of a business that caused the increases and decreases in
Which of the following statements correctly describes a trial balance? a. It reports the activities of a business that caused the increases and decreases in cash during the accounting period. b. It reports the financial position of a business at a point in time. c. It reports the financial performance of the business during the current accounting period. d. It lists all accounts with their balances to provide a check on the equality of the debits and credits
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