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What is Trial Balance?

Answers were Sorted based on User's Feedback



What is Trial Balance?..

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

What is Trial Balance?..

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

What is Trial Balance?..

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

What is Trial Balance?..

Answer / geetika

balances of ledger a/c are divided into debit and credit

Is This Answer Correct ?    0 Yes 0 No

What is Trial Balance?..

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

What is Trial Balance?..

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

What is Trial Balance?..

Answer / naeem

Trial balance is list of account balance from ledger
accounts

Is This Answer Correct ?    0 Yes 0 No

What is Trial Balance?..

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

What is Trial Balance?..

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

What is Trial Balance?..

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

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