Why do we prepare trial balance?

Answer Posted / surabhi gupta

Trial Balance is prepared to check the arithmatic accuracy
of the accounts.

Is This Answer Correct ?    9 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How many invoices on average do you handle on a weekly/monthly basis?

763


Explain a time when you have not met your goal?

727


What is accrual accounting?

894


1.Which type of records maintaing for Hotels and provision Stores. 2.in Which type of returns we are going to file. tell me whos know brefiely,,

1643


salary entry with briefly including pf,esi,employee advances -journal entry with against payment entry

1237






Q1.How depreciation deffer from depletion? Q2.show the main benefit from calculating and recording depreciation.

1557


Dear sir, In tally what is list of cost centres? and what is the list of cost categories?

1621


cheque deposit is a contra entry?

1795


how much cash transaction to single transport company per day and also per year

1211


how many types of currencies are there in oracle r12

1605


How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.

1473


How to pass workscontract sale invoice which includes WCT & VAT.

1862


Can you tell me entry tax will be applicable on Spectacles purchase from u s a  

1546


hi every one i just want to know the entry for bank charges dt 31.3.2016 which deducted on 02.04.2016 kindly help me thank you raj

1362


What are the types of liabilities accounts?

703