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26. The T-account is an actual account in the general ledger of the accounting records. True False.. 1 answer below » 26. The T-account is an actual account in the general ledger of the accounting records. True False 27. The T-account is very useful for accumulating the effects of transactions on account balances and for determining individual account balances. True False 28. The trial balance is similar to the balance sheet in that it is a listing of assets, liabilities, and stockholders’ equity and is provided to external decision makers. True False 29. The trial balance is a listing of account balances that are found in the general ledger. True False 30. An objective of View complete question » 26. The T-account is an actual account in the general ledger of the accounting records. True False 27. The T-account is very useful for accumulating the effects of transactions on account balances and for determining individual account balances. True False 28. The trial balance is similar to the balance sheet in that it is a listing of assets, liabilities, and stockholders’ equity and is provided to external decision makers. True False 29. The trial balance is a listing of account balances that are found in the general ledger. True False 30. An objective of preparing the trial balance is to test the equality of debits and credits. True False View less » Sep 30 2015 05:30 PM
