Question

which accounting statement help in checking arthematical accuracy of accounting work write two more objective ​

Answer 1

Trail Balance is the Accounting statement which helps in checking the arthimetical accuracy of Accounting work specially Ledger .

☞It is a statement that is prepared from ledger. Furthermore it helps in preparation for Final Accounts also .

☞It helps the layman to understand what things in business called " Assets " and What things are called " liabilities "

☞ It also helps the businessman in proper preparing the Books of Accounts .

☞ There are balance method and total method used under Trail balance for the purpose to check the ledger accounts so that errors will remove time to time .

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