Accountancy, asked by AmishaKhetwal6158, 1 year ago

Trial balance expansion

Answers

Answered by sreeragm1999pbwcd0
1
Trial balance is a statement of all debits and credits in a double-entry account book, with any disagreement indicating error.

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Answered by loverosepoocha41
0
A trial balance is a bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal. A company prepares a trial balance periodically, usually at the end of every reporting period. The general purpose of producing a trial balance is to ensure the entries in a company's bookkeeping system are mathematically correct.

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