Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

  1. Categories >> Accounting >> Accounting AllOther
  2. Suggest New Category

What is the purpose of making a trial balance

Question Posted / satyaki_raju@yahoo.com

Answers were Sorted based on User's Feedback



What is the purpose of making a trial balance..

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 the purpose of making a trial balance..

Answer / tyagraj

To know the arithmetic accuracy of books

Is This Answer Correct ?    3 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

What do you mean by Leverage?

5 Answers   Deloitte,

what is the procedure to get the duplicate Cform in case the original is lost in transit.

2 Answers  

hedge fund, hedging

2 Answers   RRDonnelley,

what is the difference between valuation class and valuation area in sap FICO

1 Answers   Cap Gemini,

What is Suspense Account?

1 Answers   EDS,

Expand P P F

1 Answers  

what is bank reconsillation statement?

5 Answers   Brac Bank, Ventile, WNS,

expand------SSRT

1 Answers  

where we have file E-returns in SAP FICO-CIN/Wtax?

0 Answers   Wipro,

What is the meaning of Journal Ledger?

5 Answers   Wipro,

wht can u do for the growth of bhel?

0 Answers   Dalmia Group,

what experience you have as cashier?

4 Answers  

For more Accounting AllOther Interview Questions Click Here
Categories