state any two objectives of a trial balance
Answers
Answered by
3
Answer:
One of the main objectives of the trial balance is to ensure that the total of all debits equals the total of all the credits. ... After journalizing and posting all entries in the ledgers, the bookkeepers prepare the trial balance. A fully balanced trial balance will assure the arithmetic accuracy of the accounts.
Answered by
1
One of the main objectives of the trial balance is to ensure that the total of all debits equals the total of all the credits. ... After journalizing and posting all entries in the ledgers, the bookkeepers prepare the trial balance. A fully balanced trial balance will assure the arithmetic accuracy of the accounts.
Similar questions