A trial balance is a summary of all the financial data in the account ledgers to check whether the figures are correct and balanced.
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Q1: Because not for profit organizations do not
Q2: A certified public accountant is a accountant
Q3: Public accountants can be hired to help
Q5: Managerial accounting generates information for use outside
Q6: A journal is a specialized accounting book
Q7: Annual reports are yearly statements of the
Q8: Financial accounting is used to provide information
Q9: The sole purpose of accounting is to
Q10: Accounting is the recording,classifying,summarizing and interpreting of
Q11: A ledger is a record book in
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