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Question 31 (1 point) A trial balance is prepared to check the accuracy of the ledger accounts. True False

Question

Question 31 (1 point) A trial balance is prepared to check the accuracy of the ledger accounts. True False

Question 31 (1 point)
A trial balance is prepared to check the accuracy of the ledger accounts.
True
False

Solution

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FinlayExpert · Tutor for 3 years

Answer

True. A trial balance is prepared to ensure that the total debits equal the total credits in the general ledger, thus verifying the basic accuracy of the posting process.<br />
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