The trial balance:. A. includes all accounts with a ledger balance.
B. includes assets, liabilities, capital, withdrawals, revenues and expenses.
C. ensures that debits equal credits.
D. All of these are correct.

The following selected amounts are reported on the year-end unadjusted trial balance report for a company that uses the percent of sales method to determine its bad debts expense. accounts receivable $ 435,000 debit allowance for doubtful accounts 1,250 debit net sales 2,100,000 credit all sales are made on credit. based on past experience, the company estimates 1.0% of credit sales to be uncollectible. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense

What is the relationship between credit and debt?

Which investment has the liquidity and can be converted into cash easily?