what is trial balance?
give two objectives of preparing a trial balance
Answers
Answered by
9
Answer:
Basically, 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.
Explanation:
Please Follow me
Similar questions