Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 14 - No. 18)
Which of the following is a benefit of preparing a trial balance?
Provides a check on the accuracy of account balances in the ledger.
Makes it easier to prepare financial estimates and statements.
Helps to ensure that errors have been made correctly.
It is a waste of time, since all accounts are already balanced.
Explanation
All of the answers except the last one are correct.
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