Answer Posted / nancy

trial Balance it is nothing but a statement of ledger
account balances
within a ledger,at particular instance.
It's main purpose is to check mathematical\arthimetic
accuracy of accounting.


Trial Balance of M/s _____ as on _____
Particulars L/F Debit Amount
(in Rs) Credit Amount
(in Rs)
Account Head 1
Account Head 2
Account Head 3 —

Total xxxx xxxx

what is the nature of profit and loss approprition account.which entity prepare this.

1977

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What steps would you take to locate the errors in case trial balance disagrees?

1095

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rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.

1743

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rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.

2168

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What is cost accountancy?

1338

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What is Time capital

2230

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6. Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

2329

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What is the difference between the accrual accounting and cash accounting?

1109

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how to account branches in tally

2483

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What is depreciation and how many types are there. Please give details?

1203

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Do is it proper fo an engineer to head a bank without a good backgroud in accounting? ?

1973

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Explain what is accrual accounting?

1107

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RPC Ltd. follows the written down value method of depreciating machinery year after year due to (a) Comparability. (b) Convenience. (c) Consistency. (d) All of the above

2293

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can any accountant forward format of daily or monthly mis format for accounts and finance dept!!

1929

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What do you think is a bank reconciliation statement?

1105

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