The running balance form or the T account form is typically used in the trial balance to display the accounts and their amounts.

Name: The running balance form or the T account form is typically used in the trial balance to display the accounts and their amounts.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The running balance form or the T account form is typically used in the general ledger to show the activity of an account over a period of time. The trial balance usually lists the accounts and their balances in a simple list format.

The Running Balance Form or the T Account Form Is