Question

preparation of a trial balance is *



compulsory

optional

compulsory or optional

none of these

​

Answer 1

Answer:

compulsory

Explanation:

Trial balance is prepared with the help of ledger accounts, cash book and bank book. It is compulsory for every business firm to prepare trial balance because without preparing the trial balance, it is not possible to prepare final accounts. ... If the total of both sides of ledger are equal then it is nil....

Answer 2

Answer:

preparation of a trial balance is   Optional