what is trail balance ?
Answer Posted / vikas
Definition of 'Trial Balance'
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns. A company prepares a trial balance periodically, usually at the end of every reporting period. The general purpose of producing a trial balance is to ensure the entries in a company's bookkeeping system are mathematically correct.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?
I need all WNS interview questions
Expand-------URM
why may types of accounts
How i pass the share holders capital entry in Tally? How to set this option in Tally?
The Analysis of flow of funds through an organization can be very useful to the managment. Elucidate
How can i do the entry of of service tax in tally.
4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470
the total of a firm id a rs.6.4 lakh.he has gross profit margin 15% curre ratio of rs.2.5 the firm current libility is rs.96000,inventry, rs.48000 and cash rs 16000. determine the average inventry of firm iss 5 times determine the avg collectin period of opening balance.
With scan-based trading, are retail companies creating inventory at the point of sale or recording income/expense?
what is the difference between Tally ERP and SAP FI ECC?
what is cost audit?
is advance against FD or RD is treated as NPA .if EMI is not in scheduled . or classification of npa as per day is is made from sanction date or last payment date of repayment . please suggest me
How can we display last five years sales in tally
how many types of financial teribuanal? what is that?