Ask Question
8 December, 21:19

Preparation of a trial balance is the first step in processing a financial transaction.

a. True

b. False

+5
Answers (1)
  1. 8 December, 23:01
    0
    The correct answer, It is true, the test balance is the first thing that is done in a financial transaction, to establish a basic summary of a financial statement. It is the verification and adjustment of the accounts to confirm their status and validity.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Preparation of a trial balance is the first step in processing a financial transaction. a. True b. False ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers