Which of the following is not a feature of Trial Balance

Question

TuteeHUB · Accepted Answer

NA

TuteeHUB · Answer

It is a list of debit and credit balances which are extracted from various ledger accounts;

TuteeHUB · Answer

It does not prove arithmetical accuracy which can be determined by audit;

TuteeHUB · Answer

It is not an account. It is only a statement of account;

TuteeHUB · Answer

All the transactions are primarily recorded in this book, hence it is the primary book of entry.

1.	Which of the following is not a feature of Trial Balance
A.	It is a list of debit and credit balances which are extracted from various ledger accounts;
B.	It does not prove arithmetical accuracy which can be determined by audit;
C.	It is not an account. It is only a statement of account;
D.	All the transactions are primarily recorded in this book, hence it is the primary book of entry.
Answer» E.

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