What is the purpose of making a trial balance

Answer Posted / tyagraj

To know the arithmetic accuracy of books

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Rs. 23.50 ( Rupes twenty three & paise fifty only) what is euro Conversion?

1647


I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T

2069


what is dieerence between capital cpapital structure

1864


What is cash clearing account

1411


let me know the minimum Accounting Heads in an accounting system

4232






i have one question.when using fbra for reset clearing,message exchange rate different was posted and i have do reversalon the same time using fb08 but unfortunately i' m not authorize to use this transaction.my collegue only have.so how should i do.please advise

1819


What is re-financing in Letter of Credit settlement

1537


Purchase book is a ----------journal

1703


DESCIBE EXPORT PROCEDURE

1540


fridge was capital or revenue?

1791


what is mean by account concept,and how to perpare a full accounting concept journal,ledger,trail balance,and balance sheet how it will prepare in upto fainalaztion.

1559


Is TDS applicable to Voice Over IP(VOIP) service to an India VOIP service provider? please provide the related acts and case studies.

1784


Short Answer on ___________fluctuating capital

1577


what is non stock?

2221


In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.

3599