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Question   What is Trial Balance? Rank Answer Posted By  
 Interview Question Submitted By :: Nandu
I also faced this Question!!   © ALL Interview .com
Answer
trial balance is nothing but the debit balance must be eqal 
to credit balance.
 
2 Vijaya
 
 
Answer
trial balance is a worksheet listing the balance of each 
ledger in two coloum, namaly debit and credit. the trial 
balace is prepared in each finicial period as a summery of 
the closing of the period. ledger the total of debit side 
should always he equal to the total of the credit side.
 
0 Pravin S Rawal
 
 
Answer
A Trial Balance is a statement of ledger account balances 
within a ledger,at particular instance.
It's main purpose is to check mathematical\arthimetic 
accuracy of accounting.

K.V.K.K
 
2 K.v.k.k
 
 
 
Answer
A trial balance is a list of all the accounts for a period,
to test that the Debits agree with the Credits
 
1 Avi
 
 
Answer
trial balance is consist the ledger balances of all
expenses,revenues,profits and owners accounts i.e
capital,drawings. the main purpose of trail balance is check
the arthamatic accuracy of transactions. this shows the
actual balances of particular accounts.
 
0 Chandu
 
 
Answer
closing balance of all ledger a/c
 
0 Jai
 
 
Answer
Trial balance is a statement which is prepared to check the
arthematical  accuracy of the accounts. 
It will be prepared with the help of balances of different
accounts in ledger. or It can be prepared based on following
principle.

Debit: All expenses, losses and assets
Credit: All Incomes, gains and liabilities
 
0 M.s.s.v.sri Kumar
 
 
Answer
A trial balance is a schedule or list of the names and
balances (both debit and credit)of all the accounts
appearing in the ledger including cash and bank balances
from the cash book.
 
3 Anuj
 
 
Answer
A trial balance is a list of all the accounts for a period,
to test that the Debits agree with the Credits
 
0 Anu
 
 
Answer
Trail balance is a statement containing the balance of 
ledger accounts as at any given date, arranged in the form 
of debit and credit columns, placed side by side prepared 
with the object of checking the arthemetical accuracy of 
ledger postings.
 
0 Swapna
 
 
Answer
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.
 
0 N. A. Siddiquee
 
 
Answer
The Trial balance is prepared in each financial period as a
summary of the closing of the previous ledger. The total of
the debit side should always be equal to the total of the
credit side, which proves the arithmetic accuracy of the
ledger entry. Often credits will be represented as a
negative leading the total of the trial balance to be 0. The
trial balance thus serves as a tool to detect errors, which
may have occurred during the double-entry system of the
ledger. However, a balanced trial balance does not
necessarily guarantee that there is no error.
 
0 Angel
 
 
Answer
Trial balnce is a statement, which shows the debit & credit 
balance of ledger accounts. The main intenton of a trial is 
to check the arithematic accuracy of the accounts.
 
0 Satheesh Sivarajan
 
 
Answer
A trial blanace is a list of ledger account balances 
prepared on a particular date.
 
0 Eve
 
 
Answer
trial balance is an informal accountig schedule that list 
from ledger account balance at point in time & compares the 
total of debit balance with the total of credit balance
 
0 Mohammad Shahbaz
 
 
 
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