Accountancy, asked by bhaskarbhaskar1617, 2 months ago

significance of agreement of trial balance

Answers

Answered by drishav933

1

Explanation:

The purpose of a trial balance is to prove that the value of all the debit value balances equals the total of all the credit value balances. If the total of the debit column does not equal the total value of the credit column then this would show that there is an error in the nominal ledger

Answered by AeraSimran

0

Answer:

The purpose of a trial balance is to prove that the value of all the debit value balances equals the total of all the credit value balances. If the total of the debit column does not equal the total value of the credit column then this would show that there is an error in the nominal ledger accounts.

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