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The data needed to prepare a trial balance come from the
Journal
Ledger
Balance sheet
Post closing income statement
The data needed to prepare a trial balance come from the
Journal
Ledger
Balance sheet
Post closing income statement
Journal
Ledger
Balance sheet
Post closing income statement
Solution
The data needed to prepare a trial balance come from the Ledger, firstly transactions are
recoreded in journal and then they are posted to ledger to the respective accounts. And
after posting the journal entries to ledger trial balance is prepared to check the
arithmetical accuracy of the accounts it determines whether debits are equal to credits.
Therefore, option B. Ledger is the correct answer

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The data needed to prepare a trial balance come from the Journal Ledge.docx

  • 1. The data needed to prepare a trial balance come from the Journal Ledger Balance sheet Post closing income statement The data needed to prepare a trial balance come from the Journal Ledger Balance sheet Post closing income statement Journal Ledger Balance sheet Post closing income statement Solution The data needed to prepare a trial balance come from the Ledger, firstly transactions are recoreded in journal and then they are posted to ledger to the respective accounts. And after posting the journal entries to ledger trial balance is prepared to check the arithmetical accuracy of the accounts it determines whether debits are equal to credits. Therefore, option B. Ledger is the correct answer