Answer-A 'Trial Balance' is prepared to check:

Q: Answer-A 'Trial Balance' is prepared to check:

While it doesnt prove total accuracy as errors of principle may exist, a tallying trial balance indicates that debits equal credits arithmetically.

Home
Questions
Commerce and Accounts
Forming base to Accounts
A "Trial Balance" is prepared to check:

Question

A "Trial Balance" is prepared to

check:

A The financial position of the business. Correct Answer Incorrect Answer

B The profitability of the business. Correct Answer Incorrect Answer

C The arithmetical accuracy of the ledger. Correct Answer Incorrect Answer

D The market value of assets. Correct Answer Incorrect Answer

E The honesty of the accountant. Correct Answer Incorrect Answer

Solution

While it doesn't prove total accuracy (as errors of principle may exist), a tallying trial balance indicates that debits equal credits arithmetically.

Practice Next

More Forming base to Accounts Questions

अशुद्ध वर्तनी वाला शब्द ह है __________
यात्रियों के लिए धर्मार्थ बना हुआ घर के लिए एक शब्द है-
निम्नलिखित प्रश्न में , चार विकल्पों में से , उस विकल्प का �...
अशुद्ध वाक्य है-
जिसके पता न हो’ के लिए एक शब्द है-
‘मैं’ का बहुवचन क्या है?
‘ तृष्णा‘ के विपरीतार्थक शब्द का चयन कीजिएः
‘जिसकी नाक कट गयी हो’

उपरोक्त वाक्यांश के लिए एक शब्द ह�...
'अभ्यस्त' का पर्यायवाची है
निम्न में से शुद्ध शब्द का चयन कीजिए

Thank You for posting your query. Please check your email for further guidance

Please Register/Login to Download Question