Finance Question:

What is trial balance?

Tweet Share WhatsApp

Answer:

A trial Balance is statement of balances of all the accounts in the ledger prepared to prove the arithmetical accuracy of the books of accounts. It is also a list of Debit and Credit or a list of Debit & Credit Balance of all the ledger accounts prepared on any particular date.

Download Finance PDF Read All 35 Finance Questions
Previous QuestionNext Question
What is the difference between journal entry and ledger?What is accounting management?