What is the trial balance
Answer Posted / ramesh
AFTER POSTING TO THE LEGER ACCOUNTS IT IS DESIRABLE TO KNOW
WHETHER ALL THE ENTRIES ARE CORRECTLY MADE OR NOT, SO WE
PREPARE A SEPERATE STAMENTS OF CREDIT & DEBIT TOTALS. THIS
STATEMENT IS KNOWN AS TRIAL BALANCE
Expenses and asset will show Dr balances and Liabilities
and income will show credit balances. in TB if it is shown
vice versa then we can catch error easily
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
what is crisil?what is the advantage of crisil rating?
How goodwill is accounted for the first time in a company .
What is the procedure to take loan
How and by whom the Percentage of Depreciation is fixing?
you went outside to purchase vegetagles, suddently big rain came then what you will do
plz tell me short cut method in maths for clerck post in bank
Expand-------ACNS
Difference Between Revenue & Capital Expenditure (Give an Example of each )
what is audit mean? what is vouching? how to finalize the account? what is the meaning of + cast < as per last year auditor’s a/c ^ as per ledger JV journal voucher PV payment voucher AJV authorised journal voucher APV authorised journal voucher RV receiving voucher PCV petty cash voucher CPV cash payment voucher DN debit note DO delivery order PO purchases order CN credit note PS policy schedule RPS renewal policy schedule B bill Cx cross check nCx cannot cross check CB cash bill L list/letter SRF stock requisition form R report OR office report INV invoice DS deposit slip AB assessment bill Re receipt ECF entertainment claim form ATRF air ticket requisition form
please send me last 3 years question & solution
what is operational risk and market risk in basel 2 norms.
differed tax liability
how there face in lvbank interview
WHAT IS THE DIFFERENCE BETWEEN SEND FOR APPROVAL (WITHOUT PARKING) AND ASSIGNMENT CORRECT IN MYSAP FI POSTING?
where we use the convetion of conservatisam in real life??