The statement showing balance of all the ledger accounts is known as —

CS CSEET · Business Economics & Fundamentals of Accounting and Auditing · PYQS · December 2013
The statement showing balance of all the ledger accounts is known as —
(A) Trial balance
(B) Balance sheet
(C) Bank reconciliation statement
(D) Profit and loss account.

Answer & Explanation:

Correct Answer: Option (A)

Correct answer: (A) Trial balance.

Topics: Fundamentals of Accounting and Auditing

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