The main reason an accountant would conduct a trial balance is to
A) determine whether account figures in the ledger are correct and balanced.
B) obtain an estimate of the amount of taxes the firm owes.
C) ensure the audit was done correctly.
D) verify the validity of last year's balance sheet before beginning the next accounting cycle.

Question

Quizplus · Accepted Answer

The accountant performs the trial balance as a check to verify the accuracy of data recorded in the account ledger.

The Main Reason an Accountant Would Conduct a Trial Balance