A Trial balance is a _________.

Ledger

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Journal

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Subsidiary

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Statement

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D Statement
Trial Balance is prepared by taking the balances of all ledger account. It is a list of all ledger account. Trial balance is prepared to check the arithmetical accuracy. Trial balance is a statement of all ledger balances.

Suggest Corrections

Similar questions

State true or false:

1) A Trial balance is an account.
2) A Trial balance is helpful for preparation of final accounts.
3) A Trial balance is most important document.
4) A Trial balance may be prepared on any date.
5) In Trial balance opening stock is recorded in credit balance column.
6) Both sides total of an account are taken in Gross Trial Balance.
7) Purchase account always shows debit balance.
8) A Trial balance is a List of Ledger balances.
9) A Trial balance does not ensure accounting accuracy.
10) A Trial balance shows only arithmetical accuracy.

Q. A Trial balance is an Account.

Q. A Trial Balance is a list of __________ accounts.

Q. What is a Trial Balance?

Distinguish between a balance sheet and trial balance.

Join BYJU'S Learning Program

A Trial balance is a _________.

The correct option is D StatementTrial Balance is prepared by taking the balances of all ledger account. It is a list of all ledger account. Trial balance is prepared to check the arithmetical accuracy. Trial balance is a statement of all ledger balances.

The correct option is D Statement
Trial Balance is prepared by taking the balances of all ledger account. It is a list of all ledger account. Trial balance is prepared to check the arithmetical accuracy. Trial balance is a statement of all ledger balances.