What is the purpose of making a trial balance
- 2 Answers
- 5962 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / satyaki_raju@yahoo.com
In the accounting process transactions will be
journalised,posted in ledgers according to the
clasifications, after that balancing of ledger accounts
will be made.After the end of the process before preparing
Final accounts it is the duty of the accountant to satisfy
him self about the correctness of the posting amounts and
the balances. To know the arthimatical accuracy of the
accounts the accountant will prepare Trial Balance which
will help him to check the accuracy of the the accounts
| Is This Answer Correct ? | 7 Yes | 1 No |
What do you mean by SPOT Rate in case of Foreign Branch...???
We have a registered dealer under APVAT Act. Our company is manufacturing & marketing of seeds. seeds exempted under vat. recently we have purchased machinery for our new plant construction, against c form. now sales tax dept.not giving the c forms, because our final product is exempted, we are not eligible for c forms. kindly clarify.
Who can issue form H, & why it is required?
What is letter of credit?
2 Answers State Bank Of India SBI,
example irr
what are the new rules of central excise ?
Which entry we pass self entry like cash withdraw for ourself
What is Risk Assessment?
What is meant by marginal cost?
please proovide the answers for the reasons for the differences of cash book and pass book
The Trial Balance of M/S Ram & Co,Shows chosing stock of Rs,30000. It will be recorded in: - .................. (a) Trading A/c; (b) Profit & Loss A/c; (c) Balance Sheet; (d) Both (a) & (b)
Short Answer on _________Financial accounting
Audit 
