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Define Trial Balance?

Answers were Sorted based on User's Feedback



Define Trial Balance?..

Answer / satyaki_raju@yahoo.com

Trail balance is the statement prepared by taking all the
net balnces from ledger accounts.The main purpose of
talying is to know and check the arthimatical accuracy of
the books of accounts before proceeding to the preparation
of Final accounts

Is This Answer Correct ?    51 Yes 1 No

Define Trial Balance?..

Answer / pankaj sharma

in short trial balance is the summary of the balancing
figure of the ledgers as on the last date of the accounting
year....

which must be tallied for the arithmetical accuracy of the
accounting books

Is This Answer Correct ?    18 Yes 2 No

Define Trial Balance?..

Answer / venugopal redddy

TB is the statement containing the balances of all the
ledger accounts as at any given date, arranged in Dr and Cr
coloums.
The main function of the TB is to act as device to check the
arithmetical accuracy of the accounting process.

Is This Answer Correct ?    9 Yes 1 No

Define Trial Balance?..

Answer / sohail

Trial Balance is statement contains all ledger balances
with cr amd dr balance to tally and get prepare for balance
Sheet - Final Statement.

Is This Answer Correct ?    4 Yes 1 No

Define Trial Balance?..

Answer / nasim ahmad lodhi

Trail balance is the statement prepared by taking all the
net balnces from ledger accounts.The main purpose of
talying is to know and check the arthimatical accuracy of
the books of accounts before proceeding to the preparation
of Final accounts

Is This Answer Correct ?    3 Yes 0 No

Define Trial Balance?..

Answer / abdullah amer

Trial Balance is a statement of Debit and Credit extracted
from various accounts in the ledger with a view to test the
arithmatical accuracy of the books.

Is This Answer Correct ?    4 Yes 2 No

Define Trial Balance?..

Answer / nasim ahmad

Trial Balance is a statement of Debit and Credit extracted
from various accounts in the ledger with a view to test the
arithmatical accuracy of the books.
ement

Is This Answer Correct ?    3 Yes 1 No

Define Trial Balance?..

Answer / komal lodhi

Trial Balance is a statement of Debit and Credit extracted
from various accounts in the ledger with a view to test the
arithmatical accuracy of the books.
ement

Is This Answer Correct ?    1 Yes 0 No

Define Trial Balance?..

Answer / sridhar reddy.v

Trail balance is a statement which contains all the ledger
accounts closing balances as on particular date.

Is This Answer Correct ?    2 Yes 2 No

Define Trial Balance?..

Answer / satish

Trial balance is a statement of all the Ledger accounts for
a Period. It's main purpose is to check
Mathematical/Arithmetic accuracy of accounting

Is This Answer Correct ?    2 Yes 2 No

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