Why do we prepare trial balance?

Answer Posted / suraj

TO KNOW THE ARTHEMATICAL ACCURACY OF THE LEDGER POSTINGS

Is This Answer Correct ?    13 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how pass journal entry in the month ending for input vat and out put vat

1756


on the basis accounting,acounting is divided in to how many classes and what are they?

1361


Wo kya cheez hai jo sal me 1bar mahine me 2 bar aur hafte me 4 bar aur din me 6 bar ata hai?

6043


{in tally}in inventory info what is (stock group, stock categori, stock item,reorder levels) why we has to prepare them?

1829


What is accounting ethics?

631






explain the relevance of closing stock account in trading a/c when preparing the gross profit?

2066


When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.

1668


ram paid to cheque rs 25000/- for comission what is the entry in tally can in this entry tds will deduct then what is the entry in tally and which voucher

1098


Hi Everybody, Can anybody tell me how to create ledger in Peachtree Accounting software, means there are some Code, which Codes Comes under which ledger Account.your prompt Answer will be highly appreciated, Thanks & regards, Khan

2202


Define partitioning in accounting?

1136


The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.

1392


BRIEF IN DETAIL REGARDING RATIOS

1485


Tell us what is the abbreviation for the accounting terms debit and credit?

666


What information do you require before you approve an invoice for payment?

724


What knowledge should financial accountant have?

699