Asked by Caleb Glenney on May 11, 2024

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A list of all the accounts from the ledger with their ending balances is called a:

A) normal balance.
B) trial balance.
C) chart of accounts.
D) bank statement.

Trial Balance

An accounting report that lists the balances of all ledgers accounts in two columns, debits and credits, to ensure that the total debits equal total credits.

Chart of Accounts

An organized list of all the accounts in a company's general ledger, used for recording transactions and preparing financial statements.

  • Develop a comprehensive understanding of the sequence and preparation involved in financial statements.
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BH
Breanna HinnantMay 17, 2024
Final Answer :
B
Explanation :
A trial balance is a list of all the accounts from the ledger with their ending balances, used to ensure that debits equal credits.