why do u prepare trial balance
Answers were Sorted based on User's Feedback
Trial Balance is mainly prepared to check the arthematical
accuracy of books of accounts. It will give the details of
all items which are placed on both debit and credit side of
the balance.It is prepared to show the list of all the items
which appear on both the debit and credit side.
| Is This Answer Correct ? | 21 Yes | 3 No |
Answer / narasimha rao
TRIAL BALANCE IS PREPARED TO CHECK THE ACCURACY OF
TRANSATION POST INTO LEDGER
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / satyaki_raju@yahoo.com
Sri Koteswara rao saab Your answer should be like this
The need to prepare the Trial Balance is to check the
arthimatical accuracy of the books of accounts
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / david
To prepare the arthematical accuracy of accounts of books
for trading purpose.
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / princevj
Trial balance is a statement containing the various ledger
balances on a particular date.Which is help to cheque
arithmetical accuracy of books of accounts
| Is This Answer Correct ? | 2 Yes | 0 No |
To prepare the arthematical accuracy of accounts of books
| Is This Answer Correct ? | 4 Yes | 4 No |
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Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance.
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