briefly explain advantage of trial balance
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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.
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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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