Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 25 - No. 41)
Which of the following best describes a trial balance?
A record of all financial transactions.
A list of account balances at a specific point in time.
A summary of the company's revenue and expenses.
A detailed record of all cash inflows and outflows.
Explanation
A trial balance is a list of all account balances at a specific time.
Comments (0)
