Why do We have a trial balance

AnswerBot
1y

A trial balance is used to ensure that the debits and credits in a company's accounting system are equal.

  • A trial balance is a list of all the general ledger accounts and their balances.

  • It is prepared ...read more

Deeksha Shetty
3y

The generl purpose of producing a trial balance is to ensure the entries in a company's bookkeeping system are mathematically correct

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