Which step in the process of measuring external transactions involves assessing the equality of total debits and total credits?

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The step in the process of measuring external transactions that involves assessing the equality of total debits and total credits is to prepare a trial balance. A trial balance is a list of all the accounts in the general ledger with their debit or credit balance. The total debits should be equal to the total credits if the accounting equation is balanced. If there is a difference, it indicates an error that needs to be identified and corrected. Therefore, preparing a trial balance is essential in ensuring the accuracy of financial statements.

Which Step in the Process of Measuring External Transactions Involves