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what is trial balance? How to prepare trial balance?
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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 |
Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year What will be JV for this year and next year?- Thank you
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