ALLInterview.com :: Home Page            
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
Google
   
 
Categories >> Business Management >> Finance
 
 


 

 
 Business Administration interview questions  Business Administration Interview Questions (413)
 Marketing Sales interview questions  Marketing Sales Interview Questions (878)
 Finance interview questions  Finance Interview Questions (1042)
 Human Resources interview questions  Human Resources Interview Questions (699)
 Personnel Management interview questions  Personnel Management Interview Questions (11)
 Hotel Management interview questions  Hotel Management Interview Questions (18)
 Industrial Management interview questions  Industrial Management Interview Questions (58)
 Infrastructure Management interview questions  Infrastructure Management Interview Questions (12)
 IT Management interview questions  IT Management Interview Questions (87)
 Non Technical interview questions  Non Technical Interview Questions (67)
 Business Management AllOther interview questions  Business Management AllOther Interview Questions (364)
Question
What is Trial Balance?
 Question Submitted By :: Finance
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
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
 
Is This Answer Correct ?    439 Yes 66 No
K.v.k.k
 
Answer
# 2
A trial balance is a list of all the accounts for a period,
to test that the Debits agree with the Credits
 
Is This Answer Correct ?    223 Yes 41 No
Avi
 
 
 
Answer
# 3
trial balance is nothing but the debit balance must be eqal
to credit balance.
 
Is This Answer Correct ?    334 Yes 167 No
Vijaya
 
Answer
# 4
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
 
Is This Answer Correct ?    152 Yes 26 No
M.s.s.v.sri Kumar
 
Answer
# 5
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.
 
Is This Answer Correct ?    152 Yes 29 No
Chandu
 
Answer
# 6
closing balance of all ledger a/c 
Is This Answer Correct ?    132 Yes 63 No
Jai
 
Answer
# 7
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.
 
Is This Answer Correct ?    79 Yes 22 No
Anuj
 
Answer
# 8
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 ?    69 Yes 22 No
N. A. Siddiquee
 
Answer
# 9
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.
 
Is This Answer Correct ?    64 Yes 18 No
Swapna
 
Answer
# 10
A trial balance is a list of all the accounts for a period,
to test that the Debits agree with the Credits
 
Is This Answer Correct ?    64 Yes 21 No
Anu
 

 
 
 
Other Finance Interview Questions
 
  Question Asked @ Answers
 
what is finance?   9
what do mean by accruals? Hindustan-Unilever-Limited 3
what are the roles of cost information in managerial decision making TouchStone 1
What is Cash Flow Statements?   7
Consider the following data for a particular period: Portfolio (P) market (M) ---------------------------------------------------- ----- Average return 35 % 28 % Beta 1.2 1.0 Standard deviation 4.2 % 30 % Non-systematic risk 18 % ---- Calculate the following performance measures for portfolio (P) and the market (M) by using Sharpe, Jensen and Treynor methods. The T-bill rate during the period was 6 % by which measures did portfolio P outperform the market $   1
I want to get details about "FUNDS MANAGEMENT IN BANKS" FOR MY T.Y (B&I) PROJECT TCS 1
previos market close was 16729.94 and it opens at 17520.02 whay?   6
what are the criticisms against he profit maximisation objective of a business.   3
CASE STUDY: S.C. Computers has been mismanaged by its promoter. The Company has over 50,000 employees with software expertise. It has clients over the last 15 years in 50 countries. The mismanagement has led to a severe cash crunch with no cash to meet even salary requirements. While the internal situation is one of financial and employee morale crisis, externally it enjoys the confidence of its clientele. The Government wants such a valuable institution, built over several years, to be saved so that it can continue to contribute to national wealth creation, but at the same time does not wish to extend direct financial assistance, lest it amounts to encouraging or subsidizing mismanagement. In one page, suggest the broad elements of a Business Continuity Plan covering all aspects (not just financial alone) specifically applicable to this situation.   1
is amalgation results windig up?   1
Hi i am a mba student with a background of commerce/finance. my questions is the course of SAP will be use for my future, and any other course lime that tell me plzzzzz   2
which is the important ratio in ratio analysis?   6
 
For more Finance Interview Questions Click Here 
 
 
 
 
 


   
Copyright Policy  |  Terms of Service  |  Articles  |  Site Map  |  RSS Site Map  |  Contact Us
   
Copyright 2013  ALLInterview.com.  All Rights Reserved.

ALLInterview.com   ::  KalAajKal.com