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Slide28 - Preparing the Trial Balance Atrial balance is a...

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Unformatted text preview: Preparing the Trial Balance - Atrial balance is a list of all the accounts with their balances - The purpose of the trial balance is twofold: — Proving whether the total debits equal the total credits intheledger — Summarizing the balances in the ledger accounts in preparation to construct the financial statements ...
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