what is trial balance? How to prepare trial balance?
Answers were Sorted based on User's Feedback
Answer / nancy
trial Balance it is nothing but a statement of ledger
account balances
within a ledger,at particular instance.
It's main purpose is to check mathematical\arthimetic
accuracy of accounting.
Trial Balance of M/s _____ as on _____
Particulars L/F Debit Amount
(in Rs) Credit Amount
(in Rs)
Account Head 1
Account Head 2
Account Head 3 —
Total xxxx xxxx
| Is This Answer Correct ? | 16 Yes | 0 No |
Answer / surendra
trilbalance mean . details of head of accounts or total exp
income of the particular head. tril balance is use to
prepaired banlance sheet
| Is This Answer Correct ? | 0 Yes | 3 No |
if profit increase by 25percente, how much consumtion level ll be decrease to kept cost of goods sold same?
How to create report of t code f-02 in SAP FI?
what is accounting?
How entry of Dues bills [in which account] in Tally ?
whatis the difference between invoice and bill?
Given the following entries from a TRIAL balance, what entries would fall where in a Balance Sheet & an Income Statement? Accounts receivables Merchandized inventory stores supplies office supplies prepaid insurance accumulated Dep accounts payable sales salaries advertising expense Miscellaneous expense Office salaries expense rent expense Depreciation expense Insurance expense Bad debts expense Allowance for doubtful debts Supplies expense
iam working in small industry there some bills are not having even the shop name and contact.no. whether i should consider that expenses or not if yes, whether that bill attach with the voucher?
Tell me what is the general classification of accounts that usually ledger account involve?
WHAT IS R/3 IN SAP.
whom can deduct the TDS?
What do you find most satisfying about this job?
How do I pass entries towards advance paid to program ependiture. ex: Rs.20000 advance paid to Program officer. and he come back with program expenses venue Rs.1000, food expenses Rs.10000 and travel Rs.4000 and accommodation Rs.6000. Kindly give me the answer that how do I pass the entries and how should I adjust advance.
3 Answers Communication for Development and Learning,