The main purpose of a trial balance is
A) to serve as a basic internal control.
B) to assist in preparation of the financial statements.
C) to prove the mathematical equity of debits and credits after posting.
D) to uncover errors in journalizing and posting.

Question

Quizplus · Accepted Answer

The main purpose of a trial balance is to prove the mathematical equality of debits and credits after posting. It is a basic accounting procedure used to ensure that the total debits equal the total credits in the ledger accounts.

The Main Purpose of a Trial Balance Is