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CBSE Class 11-commerce Answered

What is meant by trial balance?
Asked by Topperlearning User | 25 Jul, 2016, 01:35: PM
answered-by-expert Expert Answer

Trial balance is a statement prepared to check the arithmetical accuracy of transactions recorded in the journal, posted into the ledger and balanced in the ledger accounts. The balance of ledger accounts shows the difference between the total of the debit items and credit items in an account. Generally, it is prepared at the end of an accounting year.

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 EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 25 Jul, 2016, 01:35: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 25 Jul, 2016, 01:35: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 25 Jul, 2016, 01:35: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 25 Jul, 2016, 01:35: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 25 Jul, 2016, 01:35: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
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