trial balance is not a conclusive..?
Answers were Sorted based on User's Feedback
Answer / xyz
no its not a conclusive. its only a summery of of all the
ledger accounts
| Is This Answer Correct ? | 11 Yes | 0 No |
Answer / radz
yes....trial balance is not a conclusive...coz d name itself
suggests u that is a trail statement prepared before
preparing balance sheet...
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / amarjeet kaur
yes trial balance is not a conclusive proof because there r
certain errors which r not disclosed by trail like posting
in wrong accounts or wrong figures on both sides debit and
credit...........
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / malli
yes it's not conclusion..it's only statement for preparing
to Balance sheet.
Trail balance prepare for to know the balance on that date.
| Is This Answer Correct ? | 1 Yes | 0 No |
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