[A]Explain the steps for locating errors through the Trial Balance. Why does a business prepare a…

[A]Explain the steps for locating errors through the Trial Balance. Why does a business prepare a trial balance ? A .to provide a list of all its assets and liabilities B. to calculate its profit or loss C. to check the accuracy of its ledger entries D .to check its bank balance [B] The totals of a trial balance do not agree. Which type of error causes this ? A .a compensating error B. an error of casting C. an error of omission D .an error of principle  

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