Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 42 - No. 41)
Which of the following is a goal of preparing a trial balance?
To calculate the company's tax liability.
To verify the mathematical accuracy of the general ledger.
To create the company's budget for the upcoming year.
To present the company's financial performance to investors.
Explanation
The purpose is to verify the ledger's accuracy.
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