What is Trial Balance?
Answers were Sorted based on User's Feedback
Answer / rony
Atrial balance is a list of the balance of all ledger
accounts.It is prepared after all the transation are
entered in journal. journal entries posted to the ledger
balanced. it is the sum of balance of all real, perol and
nomial accounts of organisation.
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / abhiram
Trial balance is nothing but a statement of a particular
date of ledgers and it has opening and closing stock
balances and purchases,p.returns,sales,s.returns and some
factory expenses including in trail balance.
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / alberta
A Trail balance is a statement prepared by taking the debt
and credit balance of all account appearing in the ledger.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / geetika
balances of ledger a/c are divided into debit and credit
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / jai
Trail Balance is a Statement which contains Ledger Accounts
Closing Balances.
- In Trail Balance DEBIT=CREDIT
- Events are posted in Statement
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / divyani
To check the accuracy of posting in the ledger a statement
is prepared. this statement is called TRIAL BALANCE.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / naeem
Trial balance is list of account balance from ledger
accounts
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / abhay simt
Trial balance is the schedule (index) of various ladger
account and prepared to check mathematical error.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / kkk hasan
Trial balace is a map of all accounts,its shows all types
of accounts which come in under in debit and credit.
its shows both totals equals.and its maitaine accounting
principle.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / irfan
A trial balance is a statement to know the exact balances of
all ledger accounts.
Is This Answer Correct ? | 0 Yes | 0 No |
what is the role of equity analyst?
What is the monetary policy of RBI and what are the various instruments used to control it?
Tell something about your recent college project.
Where is first Aviation Park located?
How many nations take part in G 20 Summit? Can you name them?
I completed my B.Tech in CSE stream n joined in MBA.....i m interesed in finance n which type of jobs will i get after my MBA
on the trial balance which thing gone to debit site & which things gone to credit sites?
What are the causes that the price of the share goes up and down in daily transaction?
You are aware of ATMs, Right. Can you quote some disadvantages of ATM?
How does the default risk premium being calculated?
What is liquid ratio?
0 Answers State Bank Of India SBI,
Define Call Money Rate?