Accountancy, asked by arunimaskumar, 1 year ago

transactions of a firm and its journal ledger and trial balance

Answers

Answered by PiyushSinghRajput1

The journal records transaction entries chronologically, that is, in order as they occur. ... The primary purpose of this cycle step is to check ledger accounts for accuracy by trial balance.The trial balanceshould show that total debits equal total credits across all accounts.

Previous Question

Next Question

Similar questions

History, 7 months ago

what might be the causes for the fall of indus valley Civilization ...

Math, 7 months ago

What is the sum to 19 and their differnce is 5...

English, 7 months ago

Overexploitation of ground water should be ..................., especially near the coasts to prevent ingress of seawater into freshwater aquifers.

History, 1 year ago

who is the author of kalingattuparani? Plss answer this...

Computer Science, 1 year ago

Backing up of computer data is the process of: o A. Reversing the files stored on the hard drive o B. Putting your computer in the back of the room o C. Storing an extra copy of data on the hard disk o D. Storing an extra copy on an external storage device...

CBSE BOARD X, 1 year ago

Which rock was used to build meenakshi temple ?

Social Sciences, 1 year ago

explain what is the role of neighborly countries in the development of any country ?

Math, 1 year ago

A cone of maximum volume is carved out of a block of wood of size 20cm×10cm×10cm.Find the volume of the remaining wood.