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22 March, 08:51

Preparation of a trial balance is the first step in processing a financial transaction.

a. True

b. False

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Answers (1)
  1. 22 March, 09:01
    0
    The correct answer, It is true, the test balance is the first thing that is done in a financial transaction, to establish a basic summary of a financial statement. It is the verification and adjustment of the accounts to confirm their status and validity.
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