The correct answer is (b). The Net Value Method is not a method of preparation of a Trial Balance.
A trial balance is a list of all the accounts in a company’s general ledger, with their balances at a specific point in time. It is used to verify that the total debits equal the total credits in the ledger.
There are two main methods of preparing a trial balance: the total method and the balance method.
The total method involves adding up all the debit and credit balances in each account, and then comparing the two totals. If the totals are equal, then the trial balance is said to be in balance.
The balance method involves listing all the accounts in the ledger, with their balances. The accounts are then grouped into two categories: debit accounts and credit accounts. The total of the debit accounts is then compared to the total of the credit accounts. If the totals are equal, then the trial balance is said to be in balance.
The net value method is not a recognized method of preparing a trial balance. It is a method that is sometimes used by accountants to calculate the net value of an asset or liability. However, it is not a method that is used to prepare a trial balance.