Which of the following is NOT a benefit of preparing a trial balance? It helps to check whether a company’s debits equal its credits. It helps in preparing financial statements. It is proof of the application of double-entry bookkeeping. It helps an accountant determine if the accounting process is on the right track. It guarantees the accuracy of the accounting data.

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Which of the following is NOT a benefit of preparing a trial balance? It helps to check whether a company’s debits equal its credits. It helps in preparing financial statements. It is proof of the application of double-entry bookkeeping. It helps an accountant determine if the accounting process is on the right track. It guarantees the accuracy of the accounting data.

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