Accountancy, asked by shahrukhzehri, 2 months ago

why do we prepare trial balance

Answers

Answered by Abhaymalhotra

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.

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