a trial balance ia prepared
Answers
Answered by
2
Answer:
The trial balance is prepared after posting all financial transactions to the journals and summarizing them on the ledger statements. The trial balance is made to ensure that the debits equal the credits in the chart of accounts. ... Ideally, the totals should be the same in an error-free trial balance.
Explanation:
I hope it will be helpful to you.
Similar questions
Accountancy,
1 month ago
Hindi,
2 months ago
English,
2 months ago
Social Sciences,
9 months ago
Computer Science,
9 months ago
Math,
9 months ago