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...

What is trail balance

Answer Posted / anchit saxena

trial balance display equal amounts of debit & credit are
recorded in the books of account. so if all the
transactions have been recorded perfectly we can say that
the total of the debit should be equal to total of the
credit.
all expenses & assets are debit
all incomes & liabilities are credit

Is This Answer Correct ?    3 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is use of cost center category in tally ? why & when use this ? what is benfit ?

2067


calculations of pf

3862


How to Automate requirment mapping in QC?

1982


informance about performance is disclosed by

2227


BRIEF IN DETAIL REGARDING RATIOS

1929


sir i am working in construction company.we have more than one projects.i enter the attendance projectwise in payroll.if payroll autofill i want project wise salaries not overall

1953


when dissoluction of firm why investment flchuationfund subtrect from book value

2066


what is the relationship between cost accounting financial accounting and managerial accounting?

1046


Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?

1897


A manufacturer want to sale his product in Rs 110/ where his manufacturing cost is 100.what will be tax for the product in different way.If he want to sale his product outside the state then what will be the taxation way. I want to know as urgent.Hope you will describe me as brakewise statement with example.

1981


i am working in construction company.we have more then one projects.i enter attendance in payroll projectwise.i want salaries in projectwise not overall in payroll autofill. thankyou sir

1789


Under what type of account do the unearned revenues fall?

1017


List out things that fall under intangible asset?

1044


Tell me about a situation where you showed determination?

1078


under the modified cash basis of accounting, most revenues and expenses are recognized on the cash basis. Which one of the following items is an EXCEPTION to this accounting practice? a.Advertising b.Professional Fees. c.Supplies d.Rent

2130