Question

Answer: Trial balance total Rs. 2,80,00 7. Prepare trial balance of Gauri Shankar Store, Charikot for the f 2068/2069 from the following particulars. (2069) Particulars Amount (Rs) Particulars Amount (Rs Opening stock 5,70,000 Sales 6,80,000 Purchases 3,30,000 Purchase return 1,80,000 Commission received 11,000 Creditor 1,59,000 Depreciation 20,000 Wages 1,10,000 Answer: Total= 10.30.000​

Answer 1

Answer:

To check arithmetical accuracy of ledger postings.

To check whether the transactions are posted according to the dual aspect or not.

To find out the errors.

To prepare the final account.

Advantages of trial balance.

It helps to prepare final accounts.

If any error is found, it can easily be rectified.

It helps in the internal audit by supplying complete, reliable and accurate accounting information.

It proves the authenticity of the balance sheet prepared by the business on the given date.

It proves the arithmetical accuracy of accounting entries in the ledger

Explanation:

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Answer 2

Answer:

Explanation:

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