what is trailbalance..?

Answer Posted / rafi.r.m

Trail Balence is a statement containing the various ledgers
balences on a particular date.

Is This Answer Correct ?    19 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?

617


What is fixed liabilities

1552


what is general HR?

1631


what's accounts payable

10680


Distinguish value andPrice

1434






Is WCT paid to be considered as overhead during costing in construction firm?

1518


What is corporate restructuring?

2032


What are the benefits ofparticipation in a depository?

2015


how MIS statements used in accounts receivables n payables? n what is the advantage of this reports?

1466


What is cash clearing account

1409


What is Accounting on Computers

1570


Distinguish between sale and consignment

1547


Straight line method to using Indian company names

1482


Expand-----RTD

1598


what is Journal Entries?

1653