English, asked by abhijitj, 1 year ago

trial balance is prepared generally for a particular period which ish

Answers

Answered by saikirankammili
1
trial balance prepare for any period even for one day or one year
The purpose of a trial balance is to prove that the value of all the debit value balances equal 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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