The trial balance includes all of the following except: a. List of all accounts. b. Balances of
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The trial balance includes all of the following except:
a. List of all accounts.
b. Balances of all accounts.
c. Equality of debits and credits.
d. Income or loss for the period.
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Related Book For
College Accounting A Contemporary Approach
ISBN: 9781260780352
5th Edition
Authors: David Haddock, John Price, Michael Farina
Question Posted:
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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