Which of the following describes a trial balance - WAEC Accounting 2015 Question
Which of the following describes a trial balance?
A
It is a special account
B
It is a list of balances in the books
C
It reveals the financial position of a business
D
It shows all the entries in the books of a business
Ask EduPadi AI for a Detailed Answer
Correct Option: B
A trial balance is a bookkeeping or accounting report that lists the balances in each of an organization's general ledger accounts.
Please share this, thanks:
#WAEC #WAEC
Add your answer
No responses