Economics · Trial Balance
A trial balance is prepared to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Check the arithmetical accuracy of the ledger accounts✓
- 2Calculate the exact profit or loss
- 3Track debts and creditors
- 4Finalize the company's tax obligations
Correct answer
Check the arithmetical accuracy of the ledger accounts
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