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When Trial Balance match?
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Answer / rajiv sabharwal
Trial Balance shows the closing balances of all the ledgers
prepared during the financial year. The balance may debit or
credit.
Therefore, Trial Balance match only when we had posted and
closed our ledgers correctly without any error i.e. Error of
commission, Error of omission etc.
If there is any error at any ledger during posting or
closing the trial balance doesn't match.
| Is This Answer Correct ? | 13 Yes | 0 No |
Answer / jay kumar
when debit and credit balances of ledgers will same and in
journal entries should be curroct posted in ledgers and
amount should be same
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / rehan
Trial Balance match only when debit & credit balance is same
in ledgers. journal entries should be curroct posted in
ledgers and amount should be same. Trial Balance match only
when we had posted and closed our ledgers correctly without
any error i.e. Error of commission, Error of omission etc.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / divya
When Dr and Cr balance of ledger will same and in journal entries should be correct posted in ledgers and amount should be same and ledger correctly without any error.
| Is This Answer Correct ? | 0 Yes | 0 No |
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