The preparation of a trial balance is for locating ________________.

negligence

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clerical errors

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frauds

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all of the above

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Solution

The correct option is B clerical errors
Trail balance is prepared to have a confirmation that posting of all the accounting entries are done properly. If trial balance agrees, it proves that the books of account are arithmetically correct. If trial balance does not agree, there are chances of clerical errors.
Hence, trial balance is prepared for locating the clerical error.

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