A trial balance a. is a list of accounts with their balances at a given time. b. proves the mathematical accuracy of journalized transactions. c. proves that all transactions have been recorded. d. will not balance if a correct journal entry is posted twice.

A.

Explanation:

The trial balance is a list of schedule of open accounts in the general ledger with their corresponding account balances, i. e. the difference between the total debits and total credits of an account in the ledger.

It is prepared to verify the equality of debits and credits in the ledger at the end of each accounting period or at any time the postings are updated.

Characteristics:

-It is a list of accounts.

-The list of accounts is unclassified. It does not attempt to state whether accounts listed are assets or liabilities, current or long term.

-The accounts listed are normally those with open balances, that is, they have peso amount balances.

-The accounts are listed in ledger order.