Interested to Buy Any Domain ? << Click Here >> for more details...
WHAT IS THE TRAIL BALANCE
- 7 Answers
- 10528 Views
- LG Soft, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / mohsin pervaze. shm
First of all, it is spelled as 'Trial Balance' not 'Trail
Balance'
A trial balance is a statement of ledger account balances
within a Ledger, at a particular instance.
If we balance all the ledger accounts at a particular
instance and then prepare a statement of balances we get the
"Trial Balance".
The purpose of preparing 'Trial Balance' is to check the
mathematical/arithmetic accuracy of accounting.
| Is This Answer Correct ? | 39 Yes | 2 No |
Answer / moti
Mohsin Pervaze. Shm Answer is absolutly correct as well as
sufficient.
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / jitendra kumar mishra
Trail Balance is the summary of balancing figure of ledger
of each transaction and it verify airthemetical accuracy of
ledger.
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / ravinder attri (mba finance)
Trail balance is a statement which contain closing balance
of every ledgers.
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / jagadish
list of all accounts of company for the period is called
trail balance
| Is This Answer Correct ? | 10 Yes | 7 No |
Answer / naresh
trial balance is one which contains the closing balance of
all accounts maintained.In the Trial balance we can see the
accounts maintained.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / shrinivas
Trial balance is a summery of all ledger account balances at
the end of particular period, where debits are equal to redit .
| Is This Answer Correct ? | 1 Yes | 0 No |
What was your most rewarding accomplishment of your career and why
What is difference between management audit and internal audit?
How do you feel u contributed to its effectiveness?
0 Answers Accounting, Bharti, Ernst Young, Global Brands, RFG, SEMA,
what are the types of audit programme?
What is an internal audit?
Define yourself
35 Answers Banking, College School Exams Tests, Eicher, INCDA, Infosys, Jet Airways, Lupin, Reliance, Safcon, TCS, Vertex, Volvo, Wipro,
Define vouching?
what audit procedure i can do in the share capital account of a company and why it have been apply?
Can we booked current years expenses in the next year ? wahtever the answer plz provide me any proof for that
investigation vs audit
Would you consider alternative vacancies if so which:
What are the reasons for debtors outstanding showing as negative?
Audit 
