Customarily, a trial balance in a manual system is prepared
A) at the end of each day.
B) after each journal entry is posted.
C) at the end of an accounting period.
D) only at the inception of the business.

Question

Quizplus · Accepted Answer

A trial balance is typically prepared at the end of an accounting period to ensure that debits equal credits after all entries have been posted. This helps in the preparation of financial statements.

Customarily, a Trial Balance in a Manual System Is Prepared