Interested to Buy Any Domain ? << Click Here >> for more details...
what is trail balance ?
- 17 Answers
- 20553 Views
- Granites, Syndicate Bank, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / vikas
Definition of 'Trial Balance'
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns. A company prepares a trial balance periodically, usually at the end of every reporting period. The general purpose of producing a trial balance is to ensure the entries in a company's bookkeeping system are mathematically correct.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sudeshna
after posting all accounts in ledger their credit and debit
balances are shown in another statement called trail balance.
int ensures arithmetic accuracy of the accounts maintained.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / pradnya
trial balance mense statement showing debit & credit
balance of all ledger , & all purchases entries
| Is This Answer Correct ? | 2 Yes | 4 No |
Answer / sankalp gupta
Trial balance shows us the debit and credit balances of all
ledger accounts which is indirectly indicates the balances
of balance sheet but sometimes it not coz there are some
mistakes like error of ommission but still it tally
| Is This Answer Correct ? | 1 Yes | 3 No |
Answer / prakash kumar
A trial balance is a list of all the nominal ledger
(general ledger) accounts contained in the ledger of a
business. This list will contain the name of the nominal
ledger account and the value of that nominal ledger
account. The value of the nominal ledger will hold either a
debit balance value or a credit value balance. The debit
balance values will be listed in the debit column of the
trial balance and the credit value balance will be listed
in the credit column. The profit and loss statement and
balance sheet and other financial reports can then be
produced using the ledger accounts listed on the trial
balance.
| Is This Answer Correct ? | 0 Yes | 3 No |
Answer / mani kandan
traial balance is a statement it shown all balaces of
accounts. is it credit or debit balance
| Is This Answer Correct ? | 0 Yes | 5 No |
Answer / komal
trial balance is known as trial balance .........thats all
| Is This Answer Correct ? | 6 Yes | 51 No |
What is the difference between Capital Reserve and Reserve Capital?
26 Answers Agarwal Associates, Brigade, College School Exams Tests, Firm, Microsoft, TAHDCO,
What is bank reconcilation a/c
expand I R D A
Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex
I have done MBA Finance. After a lot of hard work i got a job as a business Analysist. Is that profile is good for my career? what are the future oppor. for me? Pls help me Thanks a lot
What is the closing entry for outstanding amount?
What is Demat Account? what is the use of it?
Please share different type of Z report
honararium for the month of march 2013 can be paid on 31 mar 2013
Expand--------SSS
Expand H M D A
Expand ________BPO
Audit 
