A listing of the balances of all assets, liabilities, and owner's equity accounts is called a
A) compound entry.
B) general journal.
C) trial balance.
D) chart of accounts.

Question

Quizplus · Accepted Answer

A trial balance is a listing of the balances of all assets, liabilities, and owner's equity accounts, used to verify that the total of all debit balances equals the total of all credit balances.

A Listing of the Balances of All Assets, Liabilities, and Owner's