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Question Practice

Which step should be taken first when the trial balance does not tally?

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

Which step should be taken fir...

Single Answer MCQ
Q-00054161

Which step should be taken first when the trial balance does not tally?

1

Re-check posting accuracy

2

Compare current and previous year trial balances

3

Recast totals of debit and credit columns

4

Verify with third-party confirmations

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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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