Start learning →

The primary purpose of preparing a trial balance is to check the ___ of the ledger postings:

Atax liability
Barithmetical accuracy
Clegal validity
Dmarket value
Answer & Solution
Correct answer: B. arithmetical accuracy
Its main purpose is to verify the arithmetical accuracy of the ledger.
Practise this question with Quill — AP Intermediate 1st Year →

Keep practising Financial Statements of Sole Proprietorship

Browse all Financial Statements of Sole Proprietorship questions for AP Intermediate 1st Year, or explore more Accountancy topics.

Start a Financial Statements of Sole Proprietorship lesson →