Accounting · Trial Balance
What is the final step in preparing a gross trial balance?
- 1List names of all ledger accounts
- 2Enter the debit and credit totals against each account
- 3Calculate and verify the grand total of both the debit and credit columns✓
- 4Segregate cash and bank columns from the cash book
Correct answer
Calculate and verify the grand total of both the debit and credit columns
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