A trial balance is prepared to: A. Detect all errors in accountingB. Prepare final accountsC. Check the arithmetical accuracy of ledger accountsD. Determine net profit
A trial balance is prepared to: A. Detect all errors in accountingB. Prepare final accountsC. Check the arithmetical accuracy of ledger accountsD. Determine net profit
Chapter5: Operating Activities: Purchases And Cash Payments
Section: Chapter Questions
Problem 9Q
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Question
A trial balance is prepared to:
A. Detect all errors in accounting
B. Prepare final accounts
C. Check the arithmetical accuracy of ledger accounts
D. Determine net profit
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