Interested to Buy Any Domain ? << Click Here >> for more details...
What is Trial Balance?
- 73 Answers
- 135158 Views
- Deloitte, Eye Ads, IPCA, Prajay Chemicals and Engineerings, Siva Shakthi, Sundaram Infotech Solutions, Tata Motors, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / k.v.k.k
A Trial Balance is a statement of ledger account balances
within a ledger,at particular instance.
It's main purpose is to check mathematical\arthimetic
accuracy of accounting.
K.V.K.K
| Is This Answer Correct ? | 444 Yes | 67 No |
Answer / avi
A trial balance is a list of all the accounts for a period,
to test that the Debits agree with the Credits
| Is This Answer Correct ? | 227 Yes | 41 No |
Answer / vijaya
trial balance is nothing but the debit balance must be eqal
to credit balance.
| Is This Answer Correct ? | 336 Yes | 168 No |
Answer / m.s.s.v.sri kumar
Trial balance is a statement which is prepared to check the
arthematical accuracy of the accounts.
It will be prepared with the help of balances of different
accounts in ledger. or It can be prepared based on following
principle.
Debit: All expenses, losses and assets
Credit: All Incomes, gains and liabilities
| Is This Answer Correct ? | 154 Yes | 26 No |
Answer / chandu
trial balance is consist the ledger balances of all
expenses,revenues,profits and owners accounts i.e
capital,drawings. the main purpose of trail balance is check
the arthamatic accuracy of transactions. this shows the
actual balances of particular accounts.
| Is This Answer Correct ? | 154 Yes | 29 No |
Answer / n. a. siddiquee
Main purpose of trial balance is to check the arithmetical
accuracy, debit and credit is balanced during transaction
posting, and account balance reflects actual circumstance
following accounting principle.
| Is This Answer Correct ? | 70 Yes | 22 No |
Answer / swapna
Trail balance is a statement containing the balance of
ledger accounts as at any given date, arranged in the form
of debit and credit columns, placed side by side prepared
with the object of checking the arthemetical accuracy of
ledger postings.
| Is This Answer Correct ? | 64 Yes | 18 No |
Answer / anu
A trial balance is a list of all the accounts for a period,
to test that the Debits agree with the Credits
| Is This Answer Correct ? | 64 Yes | 21 No |
What do you understand by Private banking?
One of the measures taken by RBI, open market operations in order to control credit expansion in the economy means?
What are your opinions on the Greek crisis? What's going on in China?
HOW TO APLLY FOR ADVANCE LICENCE FOR IMPORTS
What is Capital Budgeting?
Financial Management What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times?
Tell something about RBI and its functioning in brief?
Where does closing stock appear in the trial balance?
how to delete the company in the tally version(9.0)
What do you understand by Lender of the last resort?
What is 'stagflation'?
What do u you mean by deferred revenue expenditure?
-
Business Administration (517) - Marketing Sales (1279)
- Banking Finance (3209)
- Human Resources (747)
- Personnel Management (68)
- Hotel Management (29)
- Industrial Management (113)
- Infrastructure Management (14)
- IT Management (97)
- Supply Chain Management (16)
- Operations Management (39)
- Funding (79)
- Insurance (494)
- Waste Management (1)
- Labor Management (48)
- Non Technical (73)
- Business Management AllOther (546)
