Which of the following describes a trial balance?

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

waec 2015 accounting

The correct answer is B. It is a list of balances in the books

A trial balance is a bookkeeping or accounting report that lists the balances in each of an organization's general ledger accounts.

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