Answer / k.pushpaveni

The trial balance, as in the double entry system, the sum
of all debits in the ledger should necessarily be equal to
the sum of all credits balances of accounts. A trial
balance is a two column schedule(Debit column in the left
hand side and credit column in the right hand side) listing
the names of balances of all the accounts in the order in
which they appear in the ledger. the total accounts of the
two columns do not agree there must be some errors and
steps should be taken to rectify the errors so that
ultimately the totals of the two columns agree

Answer / srinivas annavarapu

Trial balance is a statement of the list of Existing
accounts in a particular business for a particular period
which shows the closing balances in respective colour
(debit & credit).

It also indicates the arithmatical accuracy of the accounts
maintained.

Answer / b.krishnaiah

it is a statement which contains all ledger account values.

Answer / janardhan.

Trial balance is contains the balances of ledger for
particular period. It gives accuracy of mathematical values
to every amount.

Answer / viyom

a trial balance is a list of all the general ledger
accounts contained in the ledger of business

Answer / meenakshi

trail balance is statement, which shows the debit and credit balances of all the accounts,and if there is any difference in the debit and credit balances we show that amount in suspense account.

Answer / irosh chandika fernando

A Trial Balance is a list of all the Balances of ledger
accounts prepared at given date to check the arithmetical
accuracy of the accounting entries.

Theoretically at any time, the total of debit balances
should be equal to the total of credit balances and in such
manner one could check the arithmetical accuracy of the
ledger accounts.

Answer / mannan

Trail Balance is closing balance of all Ledger account

Answer / mohammed lateef

Trial balance is nothing but a statement of all the ledger
accounts to test their arithmetical accuracy.

Answer / khazi raza mohammed

Trail balance is nothing but a list of Debit and Credit balances, taken out from the Ledger....

1) what do you mean by " expressly admissible expenses" ? 2) how do you gross up the value in the following cases-- (a) net interest received on bank deposites. (b) net amount received on winning from lottery.

0 Answers  

im a mba aspirant.i dont hav any extra curricular activities neither academic achivements.what should be the best answer to give when such a question is asked in an interview?i dont hav any job experience

3 Answers   HDFC,

When Shares Are Allotted to Shareholders at Par What Entry Will Be Passed?

0 Answers   Joint Stock Company,

discuss on limited liability.

0 Answers  

what is debit

21 Answers  

What do you mean by 'foreign draft'?

0 Answers  

What is hedging?

1 Answers  

Do you know why SBI is different from other banks?

0 Answers   State Bank Of India SBI,

what is the difference between debenture and preference share

14 Answers   Indiabulls, Newland Agro Industries,

Read the case carefully and answer the questions given at the end: CALLS PUT A B C Months of expiration 3 9 3 Continuous yearly risk-free Rate (Rf) 10% 10% 10% Discrete yearly Rf 10.52% 10.52% 10.52% Standard deviation of Stock returns 40% 40% 40% Exercise price Rs.55 Rs.55 Rs.55 Option price Rs.2.56 - Rs.6.20 Stock price Rs.50 Rs.50 Rs.50 Cash Dividend Re.0 Re.0 Re.0 1) Why should call B sell for more than call A? 2) Is the put call parity model working for options A&C? 3) Calculate the Black Scholes values of call A & Call B?

0 Answers   Investment Bank,

How Can I Get A Copy Of A Bankruptcy Filing?

0 Answers  

When and where this bank originated?

0 Answers