The purpose of a trial balance is to:
A) check to make sure the balances in the accounts are correct.
B) help you to find mistakes made in posting.
C) help revise your accounts in the correct order.
D) make sure that debits equals credits.
Correct Answer:
Verified
Q66: A trial balance is prepared and the
Q67: Which of the following is TRUE of
Q68: A $250 payment on account was posted
Q69: A receipt of $300 cash on account
Q70: The credit side of an entry to
Q72: An error in a trial balance where
Q73: A transaction was recorded as a debit
Q74: Posting $345 as $435 would be an
Q75: The last step before doing the financial
Q76: Posting a $600 debit as a $600
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