What is the main objective of preparing trial balance
What is journalizing?
Answers
Answer:
the main objectives of preparing is the balance in the world
Answer:
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Explanation:
Trial balance
it is an account that lists the closing balance of each account on the respective debit or credit side. 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. Preparing the trial balance is the third step of the accounting process.
Journalizing
Journalizing is the process of recording a business transaction in the accounting records. This activity only applies to the double-entry bookkeeping system. The steps involved in journalizing are as follows: Examine each business transaction to determine the nature of the transaction.
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