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Trial balance is prepared to check
  • a)
    The arithmetical accuracy of books
  • b)
    The honesty of the management
  • c)
    Accuracy of the book-keeper
  • d)
    Financial position
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Trial balance is prepared to checka)The arithmetical accuracy of book...
A trial balance is prepared at the end of the accounting period or at the end of each month, the balances of the ledger accounts are extracted and is prepared to test as to whether the total debits are equal to total credits. Its prepared to check the arithmetical accuracy of the books of account.
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Trial balance is prepared to checka)The arithmetical accuracy of booksb)The honesty of the managementc)Accuracy of the book-keeperd)Financial positionCorrect answer is option 'A'. Can you explain this answer?
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