Which of the following is NOT an objective of preparing a Trial Balance?

Question

Economics · Trial Balance

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Correct answer

To directly assess the profitability of the business

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Answer 1

To check the arithmetical accuracy of the accounting entries

Answer 2

To serve as a basis for preparing financial statements

Answer 3

To summarize the ledger accounts

Answer 4

To directly assess the profitability of the business

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