What is Trial Balance?

Answer Posted / n. a. siddiquee

Main purpose of trial balance is to check the arithmetical
accuracy, debit and credit is balanced during transaction
posting, and account balance reflects actual circumstance
following accounting principle.

Is This Answer Correct ?    70 Yes 22 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How will your professional help us in the banks?

646


What is the difference between Direct and Indirect Taxes?Give examples?

643


What do you understand by financial inclusion?

666


Why You Want To Enter In Banking Industry?

677


Name public general insurance companies.

663






Give some examples of RRBs.

660


What is PIN?

675


What is the front news in today's Hindu paper?

645


How Bank Earns Profit?

649


What Will Happen To My Home And Car If I File Bankruptcy In California?

585


What are your views on women entrepreneurship?

635


What Are The Significant Factors To Company Analysis?

591


What is the biggest finance news in 2016?

665


What Is Alternative Minimum Tax (amt)?

696


I have done my Summer internship project on Option greek (delta,gamma ,vega ,theta and rho)by using black schole calculator plus i have done calculation on VIX so what type of question can be asked to me by interviewer plzzzzzzzzzz do answer me i need help.........

2064