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Question Practice

Which of the following is NOT a feature of a trial balance?

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MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Trial Balance and Rectificatio...
Question Bank

Which of the following is NOT ...

Single Answer MCQ
Q-00054138

Which of the following is NOT a feature of a trial balance?

1

It lists all ledger accounts

2

It helps in preparing final statements

3

It provides a basis for auditing

4

It records daily transactions

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Q1.

What is the primary purpose of preparing a trial balance?

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Q2.

Which of the following should be included in a trial balance?

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Q3.

Which step is NOT part of preparing a trial balance?

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Q4.

What does a trial balance indicate if the debit and credit totals do not equal?

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