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 we prepare trial balance?

Answer Posted / jubeda

FROM THE LEDGER WE PREPARE THE TRIAL BALANCE AND TO GET THE
FINAL A/C WE PREPARE THE TRIAL BALANCE AND IT ALSO INCLUDES
ADJUSTMENTS.FROM THE FINAL A/C WE GET TO KNOW THE POSITION
OF OUR BUSINESS AND WECAN IMPROVE OUR POSITION IN A
COMPETETIVE WORLD.

Is This Answer Correct ?    32 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are the steps to take before you approve an invoice for payment?

1104


Explain what is gaap?

1010


Tell me what happens to company's “cash account” if it borrows money from the bank by signing a note payable?

1010


Re: CST RATE IS 1 % IF C FORM IS RECEIVABLE. IF C FORM IS NOT RECEIVED FULL AMOUNT WHAT WILL BE THE RATE OF CST

1889


How is an accounting department structured?

1006


salary payable deduct tds entry

1532


Define social responsibility accounting

1038


What are negative postings?What are Credit memos ?Payment Requests ?

2111


As you know any other accounting application?

978


In accounting, are assets a permanent account?

1163


Is it necessary after every journal entry to show its treatment in P&L a/c? Eg. if I am asked to show journal entry of purchasing furniture & fixture on 1st Aug 06, i.e. Furniture & fixture a/c Dr. To cash/bank a/c Along with this, I have to pass following journal entry on 31st Mar 07?? P&L a/c Dr. To Furniture & fixture a/c

1501


What is accrual accounting?

1225


Are you comfortable with cold-calling?

987


contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?

2613


if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?

3714