The primary purpose of preparing a trial balance is to:
A. determine the profit or loss of a business
B. ascertain the financial position of a business
C. verify the arithmetic accuracy of the ledger
D. prepare the final accounts
Answer:C
The primary purpose of preparing a trial balance is to:
A. determine the profit or loss of a business B. ascertain the financial position of a business C. verify the arithmetic accuracy of the ledger D. prepare the final accounts