What is Trial Balance?

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Question Posted / nandu

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What is Trial Balance?..

Answer / k.manivannan

TRIAL BALANCE IS AN STATEMENT WHICH IS MAINLY PREPARED TO
FIND OUT THE DEBIT CREDIT POSTING IN THE INDIVIDUAL LEDGER
A/C

Is This Answer Correct ?

3 Yes

0 No

What is Trial Balance?..

Answer / cyndhu

Trial Balance is used to check whether the journal and
ledger entries are correct or not.

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2 Yes

0 No

What is Trial Balance?..

Answer / sharful haq khan

Trial Balance is made to with the help of :
debit- incomes & gains / what comes in
credit- expenses & losses / what goes out
IT IS MADE TO CHECK THE CURRENT POSITION OF THE CO. OR FIRM
that how much co. has incomes & how much expenses with
different sources.

Is This Answer Correct ?

2 Yes

0 No

What is Trial Balance?..

Answer / simar

trial balnce is nothing but debit is equal to credit blance

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2 Yes

0 No

What is Trial Balance?..

Answer / imtiaz

A list of the balances of various ledger accounts, called
the Trail Balance.

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2 Yes

0 No

What is Trial Balance?..

Answer / saravanan

trial balance is a statement of the balances of all ledger accounts prepared at the end of a period to check the arithmetical accuracy of the books kept under double entry principles

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2 Yes

0 No

What is Trial Balance?..

Answer / kalyan

trial balance is nothing but debit balance is equal to
credit balance

Is This Answer Correct ?

2 Yes

0 No

What is Trial Balance?..

Answer / prem

Trial balance is a statement which is prepared in separate
set of papers by taking up all the ledger accounts balance
on a particular date in order to verify the arithmetical
accuracy of the accounts in the ledger and putting the
debits side and credits another.

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2 Yes

0 No

What is Trial Balance?..

Answer / abc

TRIAL BALANCE IS A PART OF ACCOUNTING BY WHICH ONE CAN
CHECK MATHEMATICAL ACCURACY OF ACCOUNTS WITH THE HELP OF
LEDGER ACCOUNT BALANCES OR WITH THE HELP OF LEDGER ACCOUNT
TOTALS

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2 Yes

0 No

What is Trial Balance?..

Answer / dibyendu sundar ray

A TRIAL BALANCE IS A STATEMENT PREPARED TO CHECK THE ARITHMETICAL ACCURACY OF VARIOUS LEDGER ACCOUNTS.

Is This Answer Correct ?

2 Yes

0 No