A trial balance is also a tool in checking whether the journal entries are accurately done and posted in the ledger.Select one:TrueFalse

The trial balance is a list of the accounts that have balances in the ledger.  True False

After all adjusting entries have been journalised and posted, another trial balance is prepared from the ledger accounts. This later trial balance is known as the: A. adjusted trial balance. B. unadjusted trial balance. C. temporary trial balance. D. permanent trial balance.

The ledger and journal entries are part of the posting process. Explain how an accountant would realize that an entry, or entries, are incorrect. Consider the role of the trial balance in your discussion and provide details on how you would locate the error(s).

The________ trial balance tests the double entry principle after transactions are posted from the journals to the general ledger.

When a trial balance balances, it is an indication that: Group of answer choices all journal entries have been posted. the account balances are correct. total debits equal total credits. all transactions have been journalised.