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15 January, 17:48

1. Put the steps for creating a Trial Balance in the correct order.

Step 1

Read Answer Items for Question 2

Step 2

Read Answer Items for Question 2

Step 3

Read Answer Items for Question 2

Step 4

Read Answer Items for Question 2

Answer

A.

Total the Debit column of the Trial Balance and then total the Credit Column of the Trial Balance.

B.

Balance the ledger accounts.

C.

Prepare a list of ledger accounts used in the business.

D.

Transfer the ledger accounts to a trial balance or list the balance account. If the ledger account shows a debit, balance the debit side of the trial balance. If the ledger account shows a credit, balance the credit side of the trial balance.

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Answers (1)
  1. 15 January, 18:13
    0
    C. prepare a list of ledger accounts used in the business

    b. balance the ledger accounts

    a. total the debit column of the trial balance and then total the credit column of the trial balance

    d. transfer. the ledger accounts To a trial balance or list the balance account. if the ledger account shows a debit, balance the debit side of the trial balance. if the ledger account shows a credit, balance the credit side of the trial balance.
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