What is Trial Balance?
Answer Posted / srinivas annavarapu
Trial balance is a statement of the list of Existing
accounts in a particular business for a particular period
which shows the closing balances in respective colour
(debit & credit).
It also indicates the arithmatical accuracy of the accounts
maintained.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Differentiate between P&L A/c and Balance Sheet?
What is 'state development loans (sdl)'?
Name the highest literary award given in India?
What Are The Different Types Of Banking Software Applications Are Available In The Industry?
What is the portfolio management? How can it helpful for financial management?
Who is Underwriter?
Explain how you can generate schedule VI profit & loss account using auditors edition of Tally ERP 9?
What is balloon payment?
Explain the weak-form, semi-strong from and strong-from of efficiency?
List Some Features Of Pff?
What is the risk coverage of PM Jeevan Jyoti Bima Yojana?
What has been your greatest achievement uptill now?
What would you like to do - lead or follow?
What is capital turnover ratio?
What are the features of preference shares?