Randomly listed below are the steps for preparing a trial balance: (1)Verify that the total of the Debit column equals the total of the Credit column.
(2)List the accounts from the ledger and enter their debit or credit balance in the Debit or Credit column of the trial balance.
(3)List the name of the company, the title of the trial balance, and the date the trial balance is prepared.
(4)Total the Debit and Credit columns of the trial balance.What is the proper order of these steps?
A) (3), (2), (4), (1)
B) (2), (3), (4), (1)
C) (3), (2), (1), (4)
D) (4), (3), (2), (1)

Question

Randomly listed below are the steps for preparing a trial balance: (1)Verify that the total of the Debit column equals the total of the Credit column.
(2)List the accounts from the ledger and enter their debit or credit balance in the Debit or Credit column of the trial balance.
(3)List the name of the company, the title of the trial balance, and the date the trial balance is prepared.
(4)Total the Debit and Credit columns of the trial balance.​What is the proper order of these steps?
A) (3), (2), (4), (1)
B) (2), (3), (4), (1)
C) (3), (2), (1), (4)
D) (4), (3), (2), (1)

Quizplus · Accepted Answer

The correct order for preparing a trial balance starts with listing the company name, trial balance title, and date (3), followed by listing accounts and their balances from the ledger (2), then totaling the debit and credit columns (4), and finally verifying that both totals are equal (1).

Randomly Listed Below Are the Steps for Preparing a Trial