What is trail balance? what is Profit & loss a/c ? what is
Balance sheet?
Answer Posted / satybnarayana raju
Trial Balance is a statement prepared to know the
arthematical accuracy of the books of accounts prepared.
Profit and Loss account is the financial statement prepared
to know the result of the business.
Balance sheet is prepared to know the Financial Status of
the business at a given period
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
You been asked to prepare a training class for completing expense statements. What points will you emphasize to insure accurate expense statements are submitted?
wht can u do for the growth of bhel?
i engaged with the accounts of manufacturing concern, i have a question when we purchased a fixed assets and after this we put the fuel in this for trial then this fuel is our also capital exp
what is accounting in automobile
What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books
define holding company,public company, if the compnay be a public company what will the criteria? asked on 30/7/09
1.how can carry forward the balance of ledgers to the next financial year in tally erp 9
Expand ----------GIDB
paid two years rent N1200, bought Motor van for cash N3000
If income and expense both are equal then what it depicts
what are the rules and regulations of junior accountant
what is the meaning of call in arear
KINDLY PROVIDE ME RBI OFFICER SCALE B QUESTION PAPER (PREVIOUS)
someone plz plz plzz.. send me the sample papers for SBI clerical xams... i need it very badly..
i am the student of icwai (intermidiate) What is the tds and how use the different state ..