The primary purpose of the trial balance is to test the
A) recording of transactions.
B) analysis of transactions.
C) equality of debit and credit balances in the ledger.
D) equality of debit and credit entries in the journal.

Question

Quizplus · Accepted Answer

The primary purpose of the trial balance is to ensure that the total amount of debits in the ledger equals the total amount of credits in the ledger. This is known as the equality of debit and credit balances. The trial balance is used as a tool to detect errors in the recording of transactions, as any discrepancies in the balances will indicate an error in the ledger. Therefore, option C- equality of debit and credit balances in the ledger- is the best choice.

The Primary Purpose of the Trial Balance Is to Test