Accounting for IGCSE & O level - Final Statements (Section 7 - No. 1)
What is the primary purpose of a trial balance?
To calculate gross profit.
To calculate net profit.
To ensure the accounting equation (Assets = Liabilities + Equity) is balanced.
To prepare an income statement.
คำอธิบาย
A trial balance helps to verify that debits equal credits, ensuring the accounting equation balances.