Which of the following is not true of a trial balance?
Which of the following is not true of a trial balance?
List taken of the account balance in the general ledger
Proof of the arithmetical accuracy of the ledger postings
Summary of data for the preparation of financial statement
List of account abstracted from a subsidiary ledger to check their agreement with the related control account
List of balances ensuring that the accounts are correct
Correct answer is D
No explanation has been provided for this answer.
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