Purpose of Trial Balance is :

CS Executive · Corporate and Management Accounting · PYQS · June 2024
Purpose of Trial Balance is :
(A) To serve as evidence of the fact that the double entry has been completed in respect of every transaction
(B) The accounts containing debit balances are written on the debit column, and those with credit balances are written on the credit column
(C) To divide the work easily
(D) To fix the responsibilities

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Financial Accounting

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