Explain two objectives of trial balance.

1.	Explain two objectives of trial balance.
Answer» Following are two objectives of trial balance : 1. Arithmetical accuracy: It can be verified that, accounts written are correctiy and properly written from transactions and without any arithmetical error. 2. Locate error and their rectification: If the total of debit and credit balances of a trial balance is not same, errors are to be located and to rectify them in time.

Answer»

Following are two objectives of trial balance :

1. Arithmetical accuracy: It can be verified that, accounts written are correctiy and properly written from transactions and without any arithmetical error.

2. Locate error and their rectification: If the total of debit and credit balances of a trial balance is not same, errors are to be located and to rectify them in time.

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Explain two objectives of trial balance.

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