trial balance is
personal Account.
real account.
schedule of account balance.
nominal account.
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The Balance sheet is the statement which shows the assets, equity and liabilities of the company. It is divided under Assets and equity & liabilities heads. It shows balances of Personal and real account.
Whereas Trial Balance is the list of all balances of General Ledger Account. It is divided under Debit and Credit columns and It shows balances of Personal, real and nominal account.
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