Question

define the term trial balance and explain its objectives.

Answer 1

Answer:

●Trial balance is a listing of the accounts in the general ledger along with each account's balance in the appropriate debit or credit column. The total of the amounts in the debit column should equal the total of the amounts in the credit column.

● it's Objective-

is to ensure that all entries made into an organization's general ledger are properly balanced. A trial balance lists the ending balance in each general ledger account.