Question

Which of the following is/are the objective(s) of preparing trial balance?

Options

• Serving as the summary of all the ledger accounts

• Helping in the preparation of final accounts

• Examining arithmetical accuracy of accounts

• Serving as the summary of all the ledger accounts, Helping in the preparation of final accounts and Examining arithmetical accuracy of accounts

Answer 1

Serving as the summary of all the ledger accounts, Helping in the preparation of final accounts and Examining arithmetical accuracy of accounts