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What is the Difference between Balance Sheet and Trail
Balance ?

Answer Posted / guest

Trial Balance includes ledger pertaining to
Income,Expenditure,Asstes aswell as Liabilities of a company

But Balance sheet includes only Asstes and Liabilities of a
company

Trial Balance prepared for poarticular Financial Year but
Balance sheet is prepared for particular date ie on 31 St
MARCH

Is This Answer Correct ?    1 Yes 1 No



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