The next step after ledger preparation is
A. Preparation of Trading account
B. Preparation of PL
C. Preparation of BS
D. Preparation of Trial balance
Answer:D
The next step after ledger preparation is
A. Preparation of Trading account B. Preparation of PL C. Preparation of BS D. Preparation of Trial balance
Explanation: The next step after ledger preparation is the Preparation of the Trial balance i.e. to check the Arithmetical accuracy of the books of accounts.