What is always true about trial balance reports? A. All accounts with balances are included in the
Question:
What is always true about trial balance reports?
A. All accounts with balances are included in the report.
B. Only accounts with activity during the period are included on me report.
C. The report is prepared for a range of dates.
D. The total of the debit column must equal the total of the credit column .
Step by Step Answer:
B All accounts with balanc...View the full answer
Payroll Accounting 2017
ISBN: 978-1259572180
3rd edition
Authors: Jeanette Landin, Paulette Schirmer
Related Video
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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