The primary emphasis in most tests of details of balances is on the
A) balance sheet accounts.
B) revenue accounts.
C) cash flow statement accounts.
D) expense accounts.

Question

Quizplus · Accepted Answer

The primary emphasis in most tests of details of balances is on the balance sheet accounts as they represent the financial position of the company at a specific point in time. The balance sheet accounts include assets, liabilities, and equity accounts.

The Primary Emphasis in Most Tests of Details of Balances