What is the purpose of making a trial balance
Answers were Sorted based on User's Feedback
Answer / satyaki_raju@yahoo.com
In the accounting process transactions will be
journalised,posted in ledgers according to the
clasifications, after that balancing of ledger accounts
will be made.After the end of the process before preparing
Final accounts it is the duty of the accountant to satisfy
him self about the correctness of the posting amounts and
the balances. To know the arthimatical accuracy of the
accounts the accountant will prepare Trial Balance which
will help him to check the accuracy of the the accounts
Is This Answer Correct ? | 7 Yes | 1 No |
What is bad debt ? how does it effects on Balance sheet and profit and loss account?
What is debit side of dividend?
What is cst & gst? with example
What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?
why should we do accounts in company
Whats is Cash Flow Statement why its is prepare ?
What will be the entry in book, stock get destroyed in fire of Rs. 1,00,000/- in two circumstances i) Stock is insured. ii) and stock is un-insured.
Expand---------CADB
Cash discount is allowed to the customer to encourage them - -------------
How is NAV calculated?
eps,ROA,AMORTIZATION,DIFFERENCE BETWEEN GROSS PROFIT AND NET PROFIT,
what are the security data points