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

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

Trial Balance is a list of accounts and their balances at a point of time. True False

Asset accounts normally have credit balances and expense accounts normally have debit balances.  True False

(b) Prepare the trial balance after the effects of the above transactions were recorded. List the accounts involved in alphabetical order.

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