An accounting report that lists all assets, liabilities, and shareholders' equity accounts and their balances at a specific date is called a
A)trial balance.
B)general journal.
C)general ledger.
D)chart of accounts.

Question

Quizplus · Accepted Answer

A trial balance is an accounting report that lists all accounts and their balances at a specific date, including assets, liabilities, and shareholders' equity.

An Accounting Report That Lists All Assets, Liabilities, and Shareholders