182
Question
State whether the following statement is True or False.
A trial balance is prepared only once in a year.
State whether the following statement is True or False.
A trial balance is prepared only once in a year.
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Solution
The correct option is B False
The preparation of trial Balance depends on requirement of the Management. Therefore, A Trial balance can be prepared monthly, quarterly, weekly or yearly also.
The preparation of trial Balance depends on requirement of the Management. Therefore, A Trial balance can be prepared monthly, quarterly, weekly or yearly also.
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