Question

the trial balance will include
a. the ending balance of each account.
b. only the credits of each account.
c. only balance sheet accounts.
d. only the debits of each account.

Explanation:

A trial balance is a list of all general ledger accounts (both balance sheet and income statement accounts) with their debit or credit balances. It includes the ending balance (debit or credit) of each account to check if total debits equal total credits. Option b is wrong as it includes both debits and credits, not only credits. Option c is wrong as it includes income statement accounts too, not only balance sheet accounts. Option d is wrong as it includes both debits and credits, not only debits. Option a is correct as it includes the ending balance (whether debit or credit) of each account.

Answer:

a. the ending balance of each account.