The list of balances in all the accounts remaining after the income and expense accounts have been

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The list of balances in all the accounts remaining after the income and expense accounts have been closed by transfer of their balances to the Statement of income is called:

(a) The List of balances

(b) The Trial Balance

(c) The Statement of financial position

(d) Statement of affairs

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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