Accounting for IGCSE & O level - Accounting Procedures (Section 20 - No. 7)
Which of the following are objectives of preparing a trial balance?
To detect arithmetical errors.
To provide a summary of all ledger balances.
To assist in the preparation of financial statements.
To identify fraudulent activities.
Explanation
Trial balance has these objectives, while fraud detection would depend on other measures.
Comments (0)
