Question

explain 2 features of trial balance​

Answer 1

Trial Balance is a statement showing all the ledger account balances whether debit or credit on a particular date. A firm prepares the trial balance to check the arithmetical accuracy of the accounts. The total of the debit column and the credit column of the Trial Balance must be equal.

Answer 2

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Trial Balance is a statement showing all the ledger account balances whether debit or credit on a particular date. A firm prepares the trial balance to check the arithmetical accuracy of the accounts. The total of the debit column and the credit column of the Trial Balance must be equal.

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