The trial balance
A) Is a listing of all the accounts and their balances in the order the accounts appear on the statement of financial position.
B) Has as its primary purpose to prove (check) that all journal entries were made for the period.
C) Can be used to uncover errors in journalizing and posting.
D) Is used to prepare the statement of financial position while the general ledger is used to prepare the income statement.

Question

Quizplus · Accepted Answer

The trial balance is primarily used to check the accuracy of the bookkeeping entries by ensuring that the total debits equal the total credits, which can help uncover errors in journalizing and posting.

The Trial Balance