Interested to Buy Any Domain ? << Click Here >> for more details...
What is trail balance
- 5 Answers
- 7169 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / guest
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
| Is This Answer Correct ? | 13 Yes | 0 No |
Answer / talha
First of all its not trail balance, it is trial balance.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / anchit saxena
trial balance display equal amounts of debit & credit are
recorded in the books of account. so if all the
transactions have been recorded perfectly we can say that
the total of the debit should be equal to total of the
credit.
all expenses & assets are debit
all incomes & liabilities are credit
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / a.swarna devi
A balance of debits and credits in double-entry
bookkeeping; drawn up to test their equality"
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / v sakthivel
books come under trial balance
Purchase book
sales book
purchase return
sales return
| Is This Answer Correct ? | 0 Yes | 0 No |
what is break even analysis ?
when we are cash deposit in bank, how entry in contra (tally)software ?
define SOX
How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.
As you know any other accounting application?
What's the accounting entry when an Invoice is created in AR?
What is the difference in accounting and marketing and what is so different about them?
What is the maximum amount of Bank DD or PO we can make in INR?
A computer purchased for the use of Branch & payment would be made by company. What would be the entry in the books of Branch ?
is WCT aplicable on educational institutions also??????
What is accounting entity concept? why is it important in Accounting.
Computer value 5000 Deprecation 3000 Book vale 2000 Sold for 2000 Pass entry?
Audit 
