Question: A) A trial balance is in the same format as balance sheet. B) A trial balance presents data in debit and credit format, but a

 A) A trial balance is in the same format as balance
sheet. B) A trial balance presents data in debit and credit format,

A) A trial balance is in the same format as balance sheet. B) A trial balance presents data in debit and credit format, but a balance sheet does not. C) A trial balance shows total amounts for assets, liabilities, and equity. D) A trial balance is created after the balance sheet is prepared. Which of the following statements is true? (1Mark)

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