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what is the difference between trial balance and ledger
account
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Answer Posted / avi singh
Trial Balance is prove that our ledger and journal entries
are right.
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Why did you select accounting as your profession?
X draws a bill on Y for Rs 20,000 for 3 months on 1.1.05. The bill is discounted with banker at a charge of Rs 100. At maturity the bill return dishonoured. In the books of X, for dishonour, the bank account will be credited by Rs. (a) 19,900 (b) 20,000 (c) 20,100 (d) 19,800
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