Question

A trial balance is prepared to:

a. prove that no errors were made in posting to the ledger
b. prove that each account balance is correct
c. prove that there were no errors made in recording transactions into the journal
d. discover errors that affect the equality of debits and credits

Answer 1

d. discover errors that affect the equality of debits and credits

Step-by-step explanation:

There are two sections in the trial balance, namely columns of debits and columns of credits. The combined columns of debit and credit will also be matched and equaled.

The debit sections report the assets and expenditures side while revenues shareholder equity and the liability portion are reported in the credit section.