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Why is it necessary to prepare a Trial Balance?

A Trial Balance is prepared to check whether the debit balance ___ the credit balance, which is the primary goal of accounting?


Sagot :

Answer:

Hello! Your answer shall be, BELOW

Explanation:

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.

A Trial Balance is prepared to check whether the debit balance FOR the credit balance, which is the primary goal of accounting?

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Answer:

Equals

Explanation: