CBSE Class 11-commerce Answered
List the features of a trial balance.
Asked by Topperlearning User | 25 Jul, 2016, 01:35: PM
Expert Answer
Features of a trial balance are as follows:
- A complete record of all ledger accounts and cash book
- Not a part of double entry system of bookkeeping but is prepared with the result of double entry system of bookkeeping
- Assists in verifying the arithmetic accuracy of posting entries from journal to ledger accounts
- Not completely accurate to take any decision because of some errors not disclosed in this trial balance
- Prepared on a particular date and considered as a working paper
Answered by | 25 Jul, 2016, 03:35: PM
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 01 Jul, 2016, 03:14: PM
ANSWERED BY EXPERTCBSE 11-commerce - Accountancy Part I
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ANSWERED BY EXPERTCBSE 11-commerce - Accountancy Part I
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ANSWERED BY EXPERTCBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 25 Jul, 2016, 01:35: PM
ANSWERED BY EXPERTCBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 25 Jul, 2016, 01:35: PM
ANSWERED BY EXPERTCBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 25 Jul, 2016, 01:35: PM
ANSWERED BY EXPERT
