A trail balance is usually prepared by an accountant from account balances in the ledger...
FINANCIAL
JAMB 1995
A trail balance is usually prepared by an accountant from account balances in the ledger for the purpose of
- A. classifying accounts in the ledger
- B. testing arithmetical accuracies of the ledger account balances
- C. identifying the balance sheet items
- D. providing a basis for establishing the accountant's competence
Correct Answer: B. testing arithmetical accuracies of the ledger account balances
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