Accounting 9706 · AS & A Level · The accounting system

The accounting system — practice question

Which statement correctly describes the purpose of a trial balance?

  • AIt assists the subsequent preparation of financial statements.
  • BIt ensures that all double-entry postings to ledgers are accurate.
  • CIt ensures that all postings to books of prime entry are accurate.
  • DIt shows that all transactions in a period have been recorded.

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