Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 11 - No. 39)
What is the purpose of a trial balance?
To prepare the income statement.
To verify the accuracy of debits and credits in the general ledger.
To calculate the company's net profit.
To record the day-to-day transactions of a business.
Explanation
To verify the accuracy of debits and credits in the general ledger.
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