what is trial balance? How to prepare trial balance?
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Answer Posted / nancy
trial Balance it is nothing but a statement of ledger
account balances
within a ledger,at particular instance.
It's main purpose is to check mathematical\arthimetic
accuracy of accounting.
Trial Balance of M/s _____ as on _____
Particulars L/F Debit Amount
(in Rs) Credit Amount
(in Rs)
Account Head 1
Account Head 2
Account Head 3 —
Total xxxx xxxx
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