Accountancy, asked by ayaan648, 2 months ago

Discuss the balance method of preparing trial balance.​

Answers

Answered by XxMissJhallixX
1

Answer:

Under this method, totals of both the sides of the accounts are written in the separate columns. Along with this, the balances are also written in the separate columns. Debit balances are written in the debit column and credit balances are written in the credit column of the Trial Balance.


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Answered by Anonymous
4

Answer:

Top 2 Methods of Preparing Trial Balance (With Specimen)

  1. Total Method: In this method, ledger accounts are not balanced. They are totaled. These totals are entered in the debit and credit columns. ...
  2. Balance Method: Under this method, the closing balances of ledger accounts are tabulated in a separate statement. The brought down balances are brought to this statement.

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