All the following statements are correct except _______.
A. Trial balance is a statement and not an account
B. Trial balance is prepared at the end of the year
C. Trial balance is not a concluding proof of arithmetical accuracy
D. Trial balance is tallied if a transaction posted twice in the ledger
Answer:C
All the following statements are correct except _______.
A. Trial balance is a statement and not an account B. Trial balance is prepared at the end of the year C. Trial balance is not a concluding proof of arithmetical accuracy D. Trial balance is tallied if a transaction posted twice in the ledger