alleryStart learning →The extraction of account balances from the general ledger is called
AA trial balance
BA balance sheet
CA cash flow
DA journal
Answer & Solution
Correct answer: A. A trial balance
Listing the ledger balances is exactly what a trial balance does.
Keep practising Trial Balance
Browse all Trial Balance questions for CA Foundation, or explore more Accounting topics.
Related questions
Which entries decrease an account on the right side of the equation, such as a liability?Which of these is a non-current asset?Which is a long-term liability?Claims of the owners on the assets of the business are shown inDebts or future obligations owed to others are recorded inDebtors, cash and stock are examples ofThe general ledger holds a ledger account for each item in theA suspense account is used to