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What is Trial Balance?
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Answer / rony
Atrial balance is a list of the balance of all ledger
accounts.It is prepared after all the transation are
entered in journal. journal entries posted to the ledger
balanced. it is the sum of balance of all real, perol and
nomial accounts of organisation.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / abhiram
Trial balance is nothing but a statement of a particular
date of ledgers and it has opening and closing stock
balances and purchases,p.returns,sales,s.returns and some
factory expenses including in trail balance.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / alberta
A Trail balance is a statement prepared by taking the debt
and credit balance of all account appearing in the ledger.
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Answer / geetika
balances of ledger a/c are divided into debit and credit
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Answer / jai
Trail Balance is a Statement which contains Ledger Accounts
Closing Balances.
- In Trail Balance DEBIT=CREDIT
- Events are posted in Statement
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Answer / divyani
To check the accuracy of posting in the ledger a statement
is prepared. this statement is called TRIAL BALANCE.
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Answer / naeem
Trial balance is list of account balance from ledger
accounts
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Answer / abhay simt
Trial balance is the schedule (index) of various ladger
account and prepared to check mathematical error.
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Answer / kkk hasan
Trial balace is a map of all accounts,its shows all types
of accounts which come in under in debit and credit.
its shows both totals equals.and its maitaine accounting
principle.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / irfan
A trial balance is a statement to know the exact balances of
all ledger accounts.
| Is This Answer Correct ? | 0 Yes | 0 No |
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