Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / kavya
A trial balance is a list of all the nominal ledger (general
ledger) accounts
contained in the ledger of a business. This list will
contain the name of the
nominal ledger account and the value of that nominal ledger
account. The value
of the nominal ledger will hold either a debit balance value
or a credit value
balance. The debit balance values will be listed in the
debit column of the
trial balance and the credit value balance will be listed in
the credit column.
The profit and loss statement and balance sheet and other
financial reports can
then be produced using the ledger accounts listed on the
trial balance.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
how go make jaggery sales and purchace bill in tally 7.2,jaggery lumbs comes in different weight not fixxed weight and i want stock in lumbs and bill amount in rupees (exp.lumbs/weight/rate/amount-1000/102.50/2500/256250)
Do you know what is liabilities and what all does include in current liabilities?
Explain some of the accrued expenses and the accounts in which you would record them?
Follow up ageing balances of Debtors & Creditors and also Inventory
IF SALES BILL PREPARED BY CHARGING CST 4 WHEN THERE IS CST 4 TO BE CHARGED. BUT NOT 2010-2011 CST IS 2%. NOW WE HAVE TO PREPARED CREDIT NOTE AGAINST THAT BILLS WHICH CHARGED CST4 AT THAT TIME. THEN I HAVE TO ASK THAT HOW TO MAKE CREDIT NOTE NOW I.E 2010-2011 BY CHARGING 4% OR 2% ?
could i know how to accounting lease intrest ?
As you know executive accounting?
Please help me in this entries Pass accounting entries for the following transaction in the books of XYZ company. A rendered professional service to company XYZ and sent an invoice dated 01/01/2016 for Rs 1,00,000/- + service tax Q1. Pass journal entry for the invoice received considering the service tax and TDS. Q2. Payment was made on 01/02/2016 by cheque. Pass payment entry.
Expenses which are incured during the manufacturing are direct expenses.In that case,what are the direct expense in a trading firm where there is no production.Like salary, rent, electricity etc in a trading firm
ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10
What would greater impact a firms valuation, a 10% reduction in revenues or 1% reduction in discount rate?
TDS %AGE ON CALLIBRATION CHARGES BILL
What is reversing journal entries?
How to group the companies in tally?
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled
