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Could you tell someting Use's of Trial Balance and where we
get the details.
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Answer Posted / b.murali krishna
It helps us to trace any changes in the opening balances .As
we know the closing balances of the last year must be the
opening balances of the current year,this can be checked
through trail balance.It gives you an overview of the
transactions that took place in the current year..
The debit transactions denote expenses and assets and the
credit transactions denote incomes and liability.
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