Trail balance pg 52 53
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The document is a trial balance listing 11 accounts with debit and credit balances totalling $119,200 each. It includes asset accounts like cash, land, building and equipment; liability accounts like capital, note payable and account payable; and income and expense accounts like sales, utility expenses and wages. The trial balance shows the balances of all general ledger accounts to check that the total debits equal the total credits.
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