Q106
Trial Balance is commonly prepared
A.
Frequently during the year
B.
At the end of an accounting period
AnswerC.
At the end of a month
D.
At the end of a year
Answer: Option B
Solution
Answer: Option B
Solution:
Trial Balance is commonly prepared at the end of an accounting period. It is usually prepared at the end of an accounting period to assist in the drafting of financial statements.