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...

Why do you prepare a Trial Balance?

Answer Posted / sadhasri

As per double entry systems all the Debit entries has its
equalent credit entries.to know the correctness of the
books as per the above concept Trial Balance is
prepared.With the help of Triall Balance, P&L and Balance
Sheet is prepared.

Is This Answer Correct ?    11 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Do you know marginal cost?

1103


Received Invoice from Tvs Co. against purchase of 15 pcs of Mouse @ 750 excluding VAT 4%, Pass journal entry in the necessary books of accounts?

8455


What is the difference between deferred revenue and accrued revenue?

1138


HOW DOES THE ROLE OF THE MANAGEMENT ACCOUNTANT COMPLIMENT THAT OF THE FINANCIAL ACCOUNTANT

1995


List the type of transactions entered in journal proper.

1221


how to prost entry for purchases with a bill

2052


Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A

2390


What is the abbreviation for the accounting terms debit and credit?

1057


Discuss the consistency concept in accounting

1133


Define social responsibility accounting

1121


What GP resew of balance sheet taking.

2250


What is fair value accounting definition?

1345


WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM

2175


Tell me what is the abbreviation for the accounting terms debit and credit?

1079


What do you mean by material facts in accounting?

1110