1. Categories >> Everything Else >> Everything Else AllOther
  2. Suggest New Category

what are the important points to consider in scrutiny of trial
balance?

Question Posted / lovely


what are the important points to consider in scrutiny of trial balance?..

Answer / Deepak Chaukar

During the scrutiny of a trial balance, the following important points should be considered:

1. Ensure that all accounts appearing in the trial balance are properly classified and matched with their respective heads.
2. Check for the correctness of total debits and credits, as they should be equal in a trial balance.
3. Verify that all journal entries have been passed correctly and no duplicate entries exist.
4. Ensure that all ledger accounts have been posted to the trial balance accurately.
5. Review any adjustments made during the accounting period and confirm their proper treatment in the trial balance.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Everything Else AllOther Interview Questions

Why is it that no matter what color bubble bath you use the bubbles are always white?

1 Answers  

Which city is famous for high buildings?

0 Answers  

I am Umi, my question is I am very low confident person in my life all time m think m not suitable for this job or work, n my English also not good enough for backend n HR profile jobs that's why still I have job less n I am disappointed my self.

1 Answers  

Where can I get good social advice?

1 Answers  

Between educational qualification and practical work experience, give us a brief explanation on your practical experience in your past Endeavour that you performed well to the satisfaction of your past or present employer

1 Answers   Globus Constructions,

SBI ASSOCIATE BANK CLERICAL.

1 Answers   State Bank Of India SBI,

is it better to stand-up than to sit-up?

1 Answers  

WHAT IS LOGISTICS ARRANGEMENTS?

0 Answers   NGO,

Hi i would like to know the job profile for placement officer in an institution that is providing IT Courses.. secondly is the job profile for Hr-Executive and placement officer is same or different?

1 Answers  

I have so many scripts in local. now i want to convert into the share repositery. how can i do that?

0 Answers  

how recession in america is affecting our economy?

0 Answers   Bank of Baroda,

i have a 4gb pandrive,and i want to write narrow image into pandrive

0 Answers  

For more Everything Else AllOther Interview Questions Click Here
Categories