An objective of preparing the trial balance is to test the equality of debits and credits.

Name: An objective of preparing the trial balance is to test the equality of debits and credits.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The main objective of preparing a trial balance is to test the mathematical accuracy of the accounting records by ensuring that the total debits equal the total credits. This is achieved by listing all the accounts and their balances in the trial balance.

An Objective of Preparing the Trial Balance Is to Test