Interested to Buy Any Domain ? << Click Here >> for more details...
Why do we prepare trial balance?
- 17 Answers
- 32768 Views
- IBPS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
FROM THE LEDGER WE PREPARE THE TRIAL BALANCE AND TO GET THE
FINAL A/C WE PREPARE THE TRIAL BALANCE AND IT ALSO INCLUDES
ADJUSTMENTS.FROM THE FINAL A/C WE GET TO KNOW THE POSITION
OF OUR BUSINESS AND WECAN IMPROVE OUR POSITION IN A
COMPETETIVE WORLD.
| Is This Answer Correct ? | 32 Yes | 4 No |
Answer / balraj
Trial Balance is prepared to know the Arithmetical Accuracy
of ledger accounts. We can prepare Profit and Loss A/c
(Financial result)and Balance sheet (Financial Position
)based on Trial Balance.
| Is This Answer Correct ? | 15 Yes | 0 No |
Answer / suraj
TO KNOW THE ARTHEMATICAL ACCURACY OF THE LEDGER POSTINGS
| Is This Answer Correct ? | 13 Yes | 2 No |
FROM THE LEDGER WE PREPARE THE TRIAL BALANCE AND TO GET THE
FINAL A/C WE PREPARE THE TRIAL BALANCE AND IT ALSO INCLUDES
ADJUSTMENTS.FROM THE FINAL A/C WE GET TO KNOW THE POSITION
OF OUR BUSINESS AND WECAN IMPROVE OUR POSITION IN A
COMPETETIVE WORLD.
| Is This Answer Correct ? | 11 Yes | 4 No |
Answer / surabhi gupta
Trial Balance is prepared to check the arithmatic accuracy
of the accounts.
| Is This Answer Correct ? | 9 Yes | 2 No |
Answer / sohail
trail balance is prepared to know the arithmetic accuracy of hte ledger
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / zubair_glad24@yahoo.com
Hi Every budy
Trial balance will be prepared because there is a rules.
it all done through Accounting cycle
journal, ledger, Trialbalance, Trading&Profit&loss a/c and
balance sheet
so without this Accounting cycle Accounts is incomplete so
we have to prepare through Accounting cycle
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / rupesh
because find out the proper debit balance & credit balance n
prepare a balancesheet
| Is This Answer Correct ? | 2 Yes | 1 No |
What is an accounting loss?
HOW TO CALCULATE INPUT TAX CREDIT (ITC) ?
what is difference between company and firm
Purchase and sales sahres accounting entry which have stt brokerage and other taxes
sir, i m working in an ngo as accountant but new. pleas clear my doubt in tally. suppose 'a' salary is 5000. he taken 3000 advance from salary and not returned. i paid a cheque next month rest 2000. 'b' salary is 10000, taken 5000 advance from salary and returned so i paid him 10000 total salary. what all to do in tally. is the following procedure is ok or not?
Which ledger are already exist in the tally erp9 ?
What is call option and put option?
what is revenue recognition rule, and can you specify the answer.
entry tax calculate on purchase +freight inward or not
Explain what is accrual accounting?
A and V enter into a joint venture to sell a consignment of biscuits sharing profits and losses equally. A provides biscuits from stock Rs 10000. He pays expenses amounting to Rs 1000. V incurs further expenses on carriage Rs 1000. He receives cash for sales Rs 15000. He also takes over goods to the value of Rs 2000. The profit on joint venture is 7 (a) Rs.3000 (b) Rs.5000 (c) Rs.6000 (d) Rs.3500
what is journal entries for Vehicle loan settled with bank after Sale of the vehicle on profit or loss in case the party paid check direct to Bank .......???
Audit 
