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What is different in balance sheet & trial Balance sheet ?
Provisions entry in ending year ?
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Answer Posted / rohit mishra
The Statement which show the current financial position of company called balance Sheet.And form the help of balance of ledger A/c which statement is to be maid called Trial Balace.
One Major difreant in Balace Sheet and TRial Balnce:
1.Trial balance not consider closing Stock whereas Balance Sheet is shown the closing Stock.
| Is This Answer Correct ? | 9 Yes | 2 No |
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