why do u prepare trial balance

Answers were Sorted based on User's Feedback



why do u prepare trial balance..

Answer / chandana

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

why do u prepare trial balance..

Answer / narasimha rao

TRIAL BALANCE IS PREPARED TO CHECK THE ACCURACY OF
TRANSATION POST INTO LEDGER

Is This Answer Correct ?    10 Yes 1 No

why do u prepare trial balance..

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

why do u prepare trial balance..

Answer / david

To prepare the arthematical accuracy of accounts of books
for trading purpose.

Is This Answer Correct ?    6 Yes 3 No

why do u prepare trial balance..

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

why do u prepare trial balance..

Answer / koteswara rao

To prepare the arthematical accuracy of accounts of books

Is This Answer Correct ?    4 Yes 4 No

Post New Answer

More Accounting AllOther Interview Questions

EXPAND_________VAT

6 Answers  


What is the difference between Depriciation and amortization?

6 Answers   Deloitte,


What is mean by Debt Equity Ratio ?

6 Answers  


what do you mean by accounting (or) why accounting ? ( generally we have to speak about our achivements and goals)

1 Answers  


what happens to each of the three primary financial statements when capital expenditures decrease?

1 Answers   TCS,


what is the difference between public ltd company and private ltd company?

5 Answers   Capital IQ, Project Management‎, Scope International, Yes Bank,


What does Pay-In and Pay-out mean?

1 Answers   Mellon,


What is meant by advance ruling? What is the scheme of advance rulings?

0 Answers  


what is capital market and money market? what is primary market and secondary market?

1 Answers   OPI Global,


Expand---------DSRT

2 Answers  


Expand---------BTR

3 Answers  


Compare and contrast the accounting procedure followed by a sole trader and a partnership firm.

1 Answers  


Categories