A-trial-balance-lists-all-the-accounts-and-their-corresponding-balances-Accounting-Assignment-Homework-Help

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A trial balance lists all the accounts and their corresponding balances as on a particular date. It indicates whether an account has a debit or a credit balance. Consider the features of a trial balance and respond to the following:

  • Discuss the importance of preparing a trial balance while entering transactions using a computerized system.

 
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