=+5. D The trial balance (answer D) is a listing of the balances and the titles of the accounts in the ledger on a given date, so that the equality of the debits and credits in the ledger can be verified. The income statement (answer A) is a summary of revenue and expenses for a period of time. The balance sheet (answer B) is a presentation of the assets, liabilities, and owner’s equity on a given date. The statement of owner’s equity (answer C)

is a summary of the changes in owner’s equity for a period of time.