Practice mode Accounting

Which of these is not regarded as a financial statement?

Correct answer A. Trial Balance

Explanation

A trial balance is an internal working list used to check the ledger's arithmetic before the accounts are drawn up, whereas the other items are statements reported to users.

Report a problem

Answer checked 11 October 2026 How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Which of these is not regarded as a financial statement?

Discussion

Have a question about this answer? Cancel reply

Which of these is not regarded as a financial statement?

More Accounting questions

Which of the following does NOT appear in the profit and loss account of a business?

What does the Profit and Loss Account show?

Which statement about preparing a Profit and Loss Account is not true?

Which of these equations relating gross profit, stock, purchases and sales is correct?

Discussion

Have a question about this answer? Cancel reply