A trial balance proves the equality of the debits and credits at the end of the accounting period.

Name: A trial balance proves the equality of the debits and credits at the end of the accounting period.
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Question

Quizplus · Accepted Answer

A trial balance is prepared to prove that the total debits equal the total credits in the ledger accounts at the end of an accounting period, ensuring the mathematical accuracy of the bookkeeping system.

A Trial Balance Proves the Equality of the Debits and Credits