A statement containing the various ledgers balances on particular date:

Compound journal

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Ledger

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Trial balance

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None of these

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Solution

The correct option is C Trial balance
The fundamental principle of the double entry system is that for every debit there will be a credit.The statement in which the debit and credit balances are noted down and finally totaled up to ascertain if they are equal, is called trial balance.
In other words, trial balance is a statement of the debit and credit balances of the various ledger accounts which is prepared to check their arithmetical accuracy.

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