Accountancy, asked by angal3074, 1 year ago

Difference between trial balance and trading account

Answers

Answered by khushisiwach

0

⤵️AɴsᴡᴇR⤵️

Sᴛᴀᴛᴇᴍᴇɴᴛ ᴏғ ᴅᴇʙɪᴛ ᴀɴᴅ ᴄʀᴇᴅɪᴛ ʙᴀʟᴀɴᴄᴇs ᴡᴇʀᴇ ᴛᴀᴋᴇɴ ғʀᴏᴍ ɢᴇɴᴇʀᴀʟ ʟᴇᴅɢᴇʀ ɪs ᴋɴᴏᴡɴ ᴀs Tʀɪᴀʟ Bᴀʟᴀɴᴄᴇ. Sᴛᴀᴛᴇᴍᴇɴᴛ ᴏғ ᴀssᴇᴛs ᴀɴᴅ ᴇϙᴜɪᴛʏ & ʟɪᴀʙɪʟɪᴛɪᴇs ɪs ᴋɴᴏᴡɴ ᴀs Bᴀʟᴀɴᴄᴇ Sʜᴇᴇᴛ....

Tʀɪᴀʟ Bᴀʟᴀɴᴄᴇ ɪs ᴘʀᴇᴘᴀʀᴇᴅ ᴀғᴛᴇʀ ᴘᴏsᴛɪɴɢ ɪɴᴛᴏ ʟᴇᴅɢᴇʀ ᴡʜᴇʀᴇᴀs Bᴀʟᴀɴᴄᴇ Sʜᴇᴇᴛ ɪs ᴘʀᴇᴘᴀʀᴇᴅ ᴀғᴛᴇʀ ᴛʜᴇ ᴘʀᴇᴘᴀʀᴀᴛɪᴏɴ ᴏғ Tʀᴀᴅɪɴɢ ᴀɴᴅ Pʀᴏғɪᴛ & Lᴏss Aᴄᴄᴏᴜɴᴛ.

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