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Question
which of the following statements is used to create a trial balance when used in tandem with a general ledger? t - account statement of cash flows journal entries
A trial balance is created using the balances from accounts. The T - account is a visual representation of an account (used in the general ledger). Journal entries are the initial recordings of transactions and are posted to the general ledger (and T - accounts). The statement of cash flows is a financial statement that shows the cash inflows and outflows of a company and is not directly used in creating a trial balance (it is prepared after the trial balance and other financial statements in some cases).
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t - account