Which of the following statements is true? a C The trial balance is a list of the accounts in the general ledger. The trial balance is never used to prepare financial statements. The trial balance is a list of all the accounts in the journal. Another name for the trial balance is the "chart of accounts".

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Which of the following statements is true?
a
C
The trial balance is a list of the accounts in the general ledger.
The trial balance is never used to prepare financial statements.
The trial balance is a list of all the accounts in the journal.
Another name for the trial balance is the "chart of accounts".
Transcribed Image Text:Which of the following statements is true? a C The trial balance is a list of the accounts in the general ledger. The trial balance is never used to prepare financial statements. The trial balance is a list of all the accounts in the journal. Another name for the trial balance is the "chart of accounts".
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