If you live in a planned community, you or various of your neighbors may decide to join the board of your homeowners' association (HOA). It's a way to get involved and to have a say in how your community maintains its quality and acts according to the rules.
This preview shows pages 3â7. Sign up to view the full content. Answer Selected Answer: A trial balance ï· Question 12 1 out of 1 points The primary purpose of the trial balance is to Answer Selected Answer: prove the equality of the debit and credit amounts after posting.
In addition to corralling all the entries of one kind into their own accounts, the general ledger is also used to create the trial balance, where all the accounts from the general ledger are listed along with their ending account balances, in order to check for accounting errors and unbalanced accounts.