A trail balance is usually prepared by an accountant from account balances in the ledger…

A trail balance is usually prepared by an accountant from account balances in the ledger for the purpose of
  • A.
    classifying accounts in the ledger
  • B.
    testing arithmetical accuracies of the ledger account balances
  • C.
    identifying the balance sheet items
  • D.
    providing a basis for establishing the accountant’s competence
Correct Answer: Option B
Explanation
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