Answer / rahul

A trail balance is a list of all the balances standing on
the ledger accounts and cash book of a concern at any given
date.The purpose of the trail balance is to establish
accuracy of the books of accounts.

Answer / guest

Trial Balance is not an Account is a statement to maintain
ledger balance in proper way to maintain Dr. & Cr. and the
total of Dr. & Cr should be matched than we will confirm
that our A/c is Ok after that we will proceed to prepare
the P & L and Final Account.

Answer / iasam

Trial Balance is not an Account is a only statement to
maintain ledger balance in proper way to maintain Dr. & Cr.
and the total of Dr. & Cr should be matched than we will
confirm that our A/c is Ok after that we will proceed to
prepare the P & L and Final Account. Except Stock

Answer / taxarena

A Trial Balance is a list of revenue and capital accounts
contained in the ledger of a business. This list will
contain the name and balance of all the accounts in such
ledger. These accounts in ledger will hold either a debit
balance or a credit balance. The debit balances will be
listed in the debit column of the trial balance and the
credit balance will be listed in the credit column. The
profit and loss statement and balance sheet and other
financial reports can then be produced using the ledger
accounts listed on the trial balance. In India, trial
balance depict the such balances as on 31st March i.e. the
last day of financial year.

Answer / pushkar

we can say it is an statement prepared to check the arithmatical accuracy of ladger a/c

What is the Meaning of Value Date in Bank Statement ?

1 Answers  

Sanjay Ltd invited applications from the public for the issue of 10,000 equity shares of Rs. 10 each at a premium of 20%, payable Rs. 3 on application; Rs. 5 on allotment including premium and the balance in two calls of an equal amount. Applications for 15,000 equity shares were received. The directors allotted 10,000 shares to all the applicants on pro-rata basis adjusting the excess application money towards allotment. All money due on allotment and calls were received. Give journal entries to record the above transactions in the books of the company. Also show the balance sheet.

2 Answers   Ignou,

R2R profile required which kinds of work in accounting ?

1 Answers   Accenture,

. Expenses a/c. Dr. To vendor a/c. Cr. What is an impact of this transaction on business

2 Answers   Genpact,

What is negative goodwill?

3 Answers   Wipro,

Re: one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupees note the showroom executive didn't have the change so he take the change from next to his showroom's shop then he deliver the phone to customer with the change of rs 250.and customer went with both after sometime the shop owner of next to showroom who gave the change of Rs 1000 with angry and told the showroom executive that the note you give it to me is fake! so showroom executive gave him Rs1000 to him.so my(question) is how much the showroom executive faced the loss on this transaction. (the answer is neither 750,1000,1250,1500,1750 nor 2000) please reply the answer because its urgent with the explanation of u'r answer thankyou.

29 Answers  

how to calculate vat,pf,esi,service tax in corporate firm

0 Answers  

Among financial and cost accounting,which is more important? why?

2 Answers  

if company having a loss consecutive last more than 2 years, Depreciation on equipment should be appear in profit and loss a/c or pass the provision entry every unless company not recover profit. Please explain.

0 Answers   Sky Link,

april'13 salary we paid in aug'13 what is the entry in books

1 Answers  

what is the meaing of Purely Temporary Erections as per income tax act

1 Answers  

what is the balance sheet? And also tell me about the finanacial statement?

4 Answers   HCL,