Which of the following is not true of a trial balance?
-
A.
list taken of the account balance in the general ledger -
B.
proof of the arithmetical accuracy of the ledger postings -
C.
summary of data for the preparation of financial statement -
D.
list of account abstracted from a subsidiary ledger to check their agreement with the related control account -
E.
list of balances ensuring that the accounts are correct