State whether the following statement is True or False.Trial Balance i

1.	State whether the following statement is True or False.Trial Balance is the base of Final account.OptionsTrueFalse
Answer» True Explanation: A Trial Balance contains the list of all the ledger accounts. It provides a basis for further processing of accounting data, i.e. preparation of final accounts.

State whether the following statement is True or False.Trial Balance is the base of Final account.OptionsTrueFalse

Answer»

True

Explanation: A Trial Balance contains the list of all the ledger accounts. It provides a basis for further processing of accounting data, i.e. preparation of final accounts.

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State whether the following statement is True or False.Trial Balance is the base of Final account.OptionsTrueFalse

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