What is/are the objective(s) of preparing the trial balance? • The tr
Right Answer is: D
• The trial balance is a list of closing balance of ledger account on certain date. It helps in preparation of financial statements.
• The objective(s) of preparing the trial balance are:
• To ascertain the arithmetical accuracy of the ledger accounts.
• To help in locating errors.
• To help in the preparation of the financial statement.