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In the accounting cycle, the________ is a listing of all account balances at a specified period of time.Question
In the accounting cycle, the_________
is a listing of all account balances at a specified period of time.
is a listing of all account balances at a specified period of time.
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GPT-4o mini
In the accounting cycle, the **trial balance** is a listing of all account balances at a specified period of time. It is prepared to ensure that the total debits equal the total credits, providing a check on the accuracy of the accounting entries made during the period.