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What is the difference between General Ledger and Trial
Balance?
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Answer Posted / lxmi1972
General Ledger is the one recording of transactions in a
particular account head to show the actual movement of the
transactions and its effets.
On the other hand, Trial Balance is the consolidation of GL
Account figures which will show the total debit and total
credits of each accounts which are configured in GL .
At any situation, in Trial Balance, Debit and Credit total
should match.
| Is This Answer Correct ? | 15 Yes | 2 No |
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