Accounting: Tools for Business Decision Making, 5th Edition

by Kimmel, Paul D.; Weygandt, Jerry J.; Kieso, Donald E.

Published by Wiley

ISBN 10: 1118128168

ISBN 13: 978-1-11812-816-9

Chapter 3 - The Accounting Information System - Questions - Page 137: 20

Answer

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Work Step by Step

A trail balance is the accounting worksheet that combined all ledger total balances in debit and credit format. Its purpose is to ensure the accounting entries in the business are mathematically correct.

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