Question

name one method of preparing the trail balance​

Answer 1

Answer:

To prepare trail balance we need to closing balanceof the ledger account and the cash book as well as bank book

Answer 2

Answer:

Under total method, trial balance is prepared by taking up the total of debits and credit of all ledger accounts. Under balance method, only the balances of all the ledger accounts are taken up to prepare the trial balance. Compound method is the combination of both the methods, total method and balance method

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