A Trial Balance is a list of __________ accounts.

personal

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real

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nominal

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ledger

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Solution

The correct option is D ledger
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.

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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.

What kinds of errors would cause a difference in the trial balance? Also, list examples that would not be revealed by a trial balance?

Q. A Trial balance is a _________.

Q. A Trial balance is an Account.

Q. State whether the following statement is True or False.
A Trial balance is a list of ledger balances.

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A Trial Balance is a list of __________ accounts.

The correct option is D ledgerTrial 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.

The correct option is D ledger
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.