1. Put the steps for creating a Trial Balance in the correct order.
Step 1
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Step 2
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Step 3
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Step 4
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Answer
A.
Total the Debit column of the Trial Balance and then total the Credit Column of the Trial Balance.
B.
Balance the ledger accounts.
C.
Prepare a list of ledger accounts used in the business.
D.
Transfer the ledger accounts to a trial balance or list the balance account. If the ledger account shows a debit, balance the debit side of the trial balance. If the ledger account shows a credit, balance the credit side of the trial balance.