What is a list of accounts and their balances at a given time called?
Jackson Reed
Updated on February 07, 2026
A trial balance is a list of accounts and their balances at a given time.
What is a record of all accounts and their balances?
A general ledger is a record of all of the accounts in a business and their transactions. Balancing a general ledger involves subtracting the total debits from the total credits. All debit accounts are meant to be entered on the left side of a ledger while the credits on the right side.
What is a collection of accounts and their balances?
Ledger. E. A record containing all accounts and their balances used by a company.
What is the list of the entire group of accounts maintained by a company called?
the ledger
The entire group of accounts maintained by a company is referred to as the ledger.
What shows a list of all accounts and their account number?
A chart of accounts is a listing of the names of the accounts that a company has identified and made available for recording transactions in its general ledger.
What is the term for an accounting record that includes a list of accounts?
In respect to this, what is the term for an accounting record that includes a list of accounts and their balances at a given point in time? The order of the accounts in the ledger is. assets, liabilities, common stock, dividends, revenues, expenses. A list of accounts and their balances at a given point in time is called a. trial balance.
What is a list of accounts and their balances called?
What is a list of accounts and their balances at a given time called? A trial balance is a list of accounts and their balances at a given time. Subsequently, one may also ask, what is the term for an accounting record that includes a list of accounts and their balances at a given point in time?
What is a list of accounts at a given time?
A list of accounts and their balances at a given time Transaction Analysis The process of considering the transaction or event that has taken place and identifying how the transaction is going to impact the accounting equation In a double entry system equal debits and credits are made in the accounts for each transaction
What is a ledger of accounts and balances?
A ledger is a list of accounts and their balances at a given time. F. F. The ledger gives management useful information about account balances ; e.g. Accounts Receivable can be inspected to ascertain the amounts due from customers.