what is the difference between trial balance and ledger
account
Answers were Sorted based on User's Feedback
Answer / d.kavitha
Trial balance list of leger of A/cs and it shows always DR=CR.
Ledger Account are created as per the company/firm services.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / rahul dev
Trial balance consist the list of accounts, where as the ledger is the part of Trial Balance which have the detail only the name of party, where the Trial balance have the details of all.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / avi singh
Trial Balance is prove that our ledger and journal entries
are right.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / manojjain1525
Trial balance is the list of leger of A/cs and it shows
always DR=CR.
ledger is the book in which all the info about all the
accounts (ie capital acc, fixedacc, all other acc
except bank and cash acc.)
in ledger u can find all transactions of the year in every
account.
Is This Answer Correct ? | 0 Yes | 1 No |
What are the types of Invoice Matching in AP
How to pass journal entry for payment of 20 % of outstanding income tax demand of AY 14- 15 of an company in the AY 18-19.
what is the meaning of deferred revenue ? give me some examples
How create the invoices?
0 Answers Infomatics Software Solutions,
a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?
what is the differece between salary and remuneration?
what is accountin statndards
8- What do you understand by accounts receivable and accounts payable and its schedule?
Why we are crediting Gross profit or debiting a Gross loss in the profit and loss account?
When a merchant sales of goods included/charged on packaging charges ,cartages and insurance;i.E :-Indirect income/revenue income and indirect expense/revenue expenditure. Plz suggeste me correct answer.Through messages,mail .
What do we mean by Redemption of shares and debentures?
Difference between Journal and Journal Proper???