explain the balance method of preparing trial balance. very short
Answers
Answered by
4
Answer:
Top 2 Methods of Preparing Trial Balance (With Specimen)
- Total Method: In this method, ledger accounts are not balanced. They are totaled. These totals are entered in the debit and credit columns.
- 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
Explanation:
mark me as brainliest pls
palaksoni5274:
thanku di
Answered by
22
Answer:
Top 2 Methods of Preparing Trial Balance (With Specimen)
Total Method: In this method, ledger accounts are not balanced. They are totaled. These totals are entered in the debit and credit columns. ...
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.
Explanation:
Please mark as brainiest
thankyou di
you are welcome
Similar questions