What do you mean by trial balance?
Answers were Sorted based on User's Feedback
Answer / venu
Trail balance is a statment of ledger account balance with
in a ledger , at a particular instance.It,s main purpose is to check mathematical & aurthamatical accurancy of accounts..
| Is This Answer Correct ? | 14 Yes | 1 No |
Answer / akdas poker
Trial Balance is an List of all Ledger accounts as on
Specified date Showwing Debit total & Credit total of all
ACCOUNTS.
| Is This Answer Correct ? | 14 Yes | 2 No |
Answer / rahul chaturvedi
tril balance is final balance of ledge
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / mahendran.s
Trail Balance is one of the standing ledger balance.it is an
accuracy book.
| Is This Answer Correct ? | 1 Yes | 0 No |
Tell me as a higher position in the accounting department, you will be responsible for overseeing other employees' accounts. What experience do you have in leadership and management that will prepare you for this responsibility?
BRIEF IN DETAIL REGARDING RATIOS
Sir how the enter of GST adjust of sales return
How do you relate yourself with Accounts?
What is the Basics of Bank Reconcialiation ?
Hello Sir, My Name is Shoaib, I am Novice in Accounting Field. I want to learn the simple & step by step, procedure to final my company account. Please Help
At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.
As there is a two types of rates of depreciation i.e as per Income tax Act & As per Company Law.But, in accounting process which of these rates should be taken ?
If in Baance sheet Furniture is given @ rs.1200000. and an adjustment tells that half of the building is used for residential purpose... then what is treatment in accounts?
wat is mass allocation and when it is used
Name three (3) equity security data points
calculation of coast of goods sold