Post Utme Joseph Ayo Babalola University 2020 Accounting Question 11

Practice objective / multiple choice question 11 from the 2020 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2020 Accounting Objective / Multiple Choice
Question 11 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2020 • ACCOUNTING • objective

In a self-balancing ledger, what is the purpose of the trial balance?

Answer Options

Correct Answer A. To verify the accuracy of the ledger accounts
B. To identify any errors or discrepancies in the ledger accounts
C. To prepare the financial statements
D. To calculate the net worth of the business
Correct Answer
A
Correct Option:
To verify the accuracy of the ledger accounts

About This Question

This is Post Utme Joseph Ayo Babalola University 2020 Accounting Question 11. It is one of the objective questions from the 2020 Post Utme Joseph Ayo Babalola University Accounting examination.

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