Accountancy, asked by hira34286, 5 months ago

briefly explain advantage of trial balance​

Answers

Answered by itzHitman
21

Explanation:

Trial balance has several advantages :

To check the debits equal the credits. To find the uncover errors in journalizing. To find the uncover errors in posting. To locate the errors in ledger accounts.

Answered by siddh4552
0

Answer:

Advantages of Trial Balance

Advantages of Trial BalanceTrial balance has several advantages :

To check the debits equal the credits

To find the uncover errors in journalizing

To find the uncover errors in posting

To locate the errors in ledger accounts

To make financial statements

To list the accounts at a single place

To know the ending balance of each account at a glance

To make the adjustments for unrecorded transactions

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