Posted: May 9th, 2016

After all transactions have been journalized and posted to the accounts, a trial balance will be prepared. The purpose of this is to

After all transactions have been journalized and posted to the accounts, a trial balance will be prepared. The purpose of this is to
A) Determine whether there is enough cash to pay dividends
B) Check that total debits equal total credits
C) Close the books
D) Obtain unadjusted balances that can be transferred directly to the financial statements