During which step of the accounting process is a trial balance run?
A) classification
B) reporting
C) summarization
D) recording
E) collection

Name: During which step of the accounting process is a trial balance run? A) classification B) reporting C) summarization D) recording E) collection
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Question

Quizplus · Accepted Answer

A trial balance is run during the summarization step of the accounting process, where all ledger balances are compiled into a single document to check for accuracy and balance.

During Which Step of the Accounting Process Is a Trial