what is the difference between trial balance and ledger
account
Answers were Sorted based on User's Feedback
Answer / d.kavitha
Trial balance list of leger of A/cs and it shows always DR=CR.
Ledger Account are created as per the company/firm services.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / rahul dev
Trial balance consist the list of accounts, where as the ledger is the part of Trial Balance which have the detail only the name of party, where the Trial balance have the details of all.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / avi singh
Trial Balance is prove that our ledger and journal entries
are right.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / manojjain1525
Trial balance is the list of leger of A/cs and it shows
always DR=CR.
ledger is the book in which all the info about all the
accounts (ie capital acc, fixedacc, all other acc
except bank and cash acc.)
in ledger u can find all transactions of the year in every
account.
Is This Answer Correct ? | 0 Yes | 1 No |
Premium collected by Insurance co. What will be all Journal entries & effect in the book of Insurance co in Transaction date & Period end date.
explain about ISO certificate ?
Who is lance Armstrong ?
WHAT IS CASH DISCOUNT & TRADE DISCOUNT?
Hey can any body tell me..What are negative assets?
What is the accounting treatment for goods taken from business for office use
what accounts payable applications are your familiar with?
How do you calculate closing stock? Which important steps do you take while valuation of closing stock.
In sales entry, for sales tax what rule apples (real, nominal)
Credit Limit enhanced the Bank 10Cr to 15 Cr How to post the entry in accounting books
Tell me what do we mean by purchase return in accounting?
if we import purchase of $ 20000 /rs. 80. but when we payment the party the price of Rs. 50. then how we make entry of this type of purchase.