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A trial balance is prepared to

A trial balance is prepared to
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Detect fraud
  • B Ascertain losses in a trading period
  • C Determine opening capital
  • D Test arithmetical accuracy of ledger entries
Correct Answer: Option D
Explanation:
Preparing a trial balance for a company serves to detect any mathematical errors that have occurred in the double-entry accounting system. If the total debits equal the total credits, the trial balance is considered to be balanced, and there should be no mathematical errors in the ledgers.

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