A trail balance is usually prepared by an accountant from account balances in the ledger for the purpose of
Answer Details
A trial balance is a list of all the balances of accounts in the ledger of a company at a specific point in time. The purpose of preparing a trial balance is to test the arithmetical accuracy of the ledger accounts by ensuring that the total of all debit balances equals the total of all credit balances. This process helps to identify any errors in the ledger accounts and to ensure that the financial statements prepared from these accounts are accurate. Therefore, the correct option is "testing arithmetical accuracies of the ledger account balances".