The asset, liability, and owners equity accounts are extended to the ________ of the work sheet. a.
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The asset, liability, and owner’s equity accounts are extended to the ________ of the work sheet.
a. Balance Sheet section
b. Income Statement section
c. Retained Earnings statement
d. Trial Balance
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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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