Interested to Buy Any Domain ? << Click Here >> for more details...
why do u prepare trial balance
- 6 Answers
- 9745 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Trial Balance is mainly prepared to check the arthematical
accuracy of books of accounts. It will give the details of
all items which are placed on both debit and credit side of
the balance.It is prepared to show the list of all the items
which appear on both the debit and credit side.
| Is This Answer Correct ? | 21 Yes | 3 No |
Answer / narasimha rao
TRIAL BALANCE IS PREPARED TO CHECK THE ACCURACY OF
TRANSATION POST INTO LEDGER
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / satyaki_raju@yahoo.com
Sri Koteswara rao saab Your answer should be like this
The need to prepare the Trial Balance is to check the
arthimatical accuracy of the books of accounts
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / david
To prepare the arthematical accuracy of accounts of books
for trading purpose.
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / princevj
Trial balance is a statement containing the various ledger
balances on a particular date.Which is help to cheque
arithmetical accuracy of books of accounts
| Is This Answer Correct ? | 2 Yes | 0 No |
To prepare the arthematical accuracy of accounts of books
| Is This Answer Correct ? | 4 Yes | 4 No |
A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c
Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry
Why closing stock wont appear in the Trial Balance?
what is Credit derivatives,equity derivatives,SWAPS?
What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books
Please do let me know how to pass the entry for the rent invoice recd. from business centre (for eg. total amt. is 39941/-)includes rent is 35000/-, telephone chgs: 82.80/- ,Stationary 15/-, Pantry chgs. 450/- and service chg 4393.71/- .
EXPAND___________LCD
explain Dual entry concept
drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?
Can anyone give comparative data of NPA(non performing assets) of nationalised banks or BANKS IN INDIA for the last 5-10 years if possible with bifurcation substandard doubtful loss asset
Answered but misspelled pl correct SPENT BUT NOT INCURRED(ANS.DIAPERP PXE)
plz tell me short cut method in maths for clerck post in bank
0 Answers BSRB, State Bank Of India SBI,
Audit 
