Question

Which is an arithmetical check of all transaction

Answer 1

Trail balance  is an arithmetical check of all transaction.

Hope its useful..!!

Answer 2

Hello!!

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Trial balance" and "Balance Sheet" is your answer.

"Trial Balance" and balance sheet are used to check all the transaction.

It is prepared after journal , Ledger.

In Trial balance, If the Debit side is equal to left side. Then it is tally, it is right.

And in Balance sheet, if the liability side is equal to Assets side, then it is correct.

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