The Main Reason an Accountant Would Conduct a Trial Balance

question 102

Multiple Choice

The main reason an accountant would conduct a trial balance is to:

• A)Determine whether account figures in the ledger are correct and balanced.
• B)Obtain an estimate of the amount of taxes the firm owes.
• C)Ensure the audit was done correctly.
• D)Verify the validity of last year's balance sheet before beginning the next accounting cycle.

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