what is trial balance state any four function of trial balance
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To check the arithmetical accuracy of the transactions and the ledger accounts. To determine the ledger account balances. It serves as evidence that the double entry system has complied duly. It facilitates the preparation of the financial statements.
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Purpose of a Trial Balance
To check the arithmetical accuracy of the transactions and the ledger accounts. To determine the ledger account balances. It serves as evidence that the double entry system has complied duly. It facilitates the preparation of the financial statements. helps u
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