What is the trial balance

Answer Posted / robertson harry

A Trial Balance is the total closing balances of different
ledgers accounts used in checking the accuraccy of the
transaction in a month or year

Is This Answer Correct ?    11 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is 100% EOu? what is the benifit and what is difficulty of it?

1686


WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?

1776


Expand-------NAC

1785


what is sales life cycle???

1521


Ledger Is The Principle Book Of Accounts In Business. Do You Agree For It. Comment On Your Confirmation?

1673






what is Contra Asset?

11443


reason for difference in Balance sheet (Asset side & Liabilites side)

1562


how standard costing techniques are applied in manufacturing sectors

1730


Can i make invoice when my client apply for TIN Number ?

1662


You are working in a Company but due to certain reasons you were not able to complete the work given to you on time, so to write a Letter of Apology to your Senior regarding it.

2080


what is contigent liabilities? whats it status in balance sheet?

1774


how many types of financial teribuanal? what is that?

1535


How to enter PO in SAP

1462


How can a shopkeeper maintain the daily data in tally

3746


types of inventory

1772