Accountancy, asked by runubehera83, 16 days ago

what is the purpose of preparing trial balance​

Answers

Answered by renusankar
0

Answer:

Preparing a trial balance for a company serves to detect any mathematical errors that have occurred in the double-entry accounting system. If the total debits equal the total credits, the trial balance is considered to be balanced, and there should be no mathematical errors in the ledgers.

Answered by MsScooby
1

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Preparing a trial balance for a company serves to detect any mathematical errors that have occurred in the double-entry accounting system.

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