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Categories  >>  Accounting  >>  Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions
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 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
method of preparing the trial balance ?
 Question Submitted By :: Guest
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  Re: method of preparing the trial balance ?
Answer
# 1
why we prepare Trial Balance

Because to know the Arithmetic Accuracy of Accounts

In Trial balance we debit all Assets & Expenses

and Credited All Incomes & Liabilities
 
Is This Answer Correct ?    1 Yes 0 No
A.madhu Sudhan Rao
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
what experience you are having in payroll? Kamkuo1
Do assets have to be analysed between funds?  1
WHAT IS THE MEANING OF CREDIT WORTHINESS? Capital-IQ4
plz send me the apptitude question papers of bank of america. Bank-Of-America1
what is Prime Brokerage? UBS2
how many state comes in eastern region of india? SBI3
What is the difference between an Imprest and Non-imprest petty cash account?  2
what is debit card? n what is credit card? if it is a debit card what will be a transaction in personal account and if it is a credit card what will be the tranction in personal account  1
method of preparing the trial balance ?  1
Who constitute 'staff' for the purposes of showing 'total staff costs' in the accounts?  1
How many methods are there in capital budgeting? what are those. Capital-IQ3
define cost of goods sold Genpact5
what is different between expenses (direct) and direct expenses?  4
What are the source of gaining long-term funds???? What are the limitations of gaining long-term funds???  1
what is difference between depreciation and amortization ?  3
Mention the differencebetween consiner and consinee?  2
WHICH ASSET IS DEPRICIATED IN TANGIBLE?  2
what is the meaning of fbt? tell me diffrent type of fbt rate? & when it will consider in accounting?  2
what is the diff b/w manufactring a/c & trading a/c?  1
what is fixed cost?  12
 
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