Business Studies, asked by moosanoor690, 7 months ago

what do you know about the total of the both the sides of the trail balance​

Answers

Answered by brainlyindia69
3

company's transactions are recorded in a general ledger and later summed to be included in a trial balance. At the end of an accounting period, the accounts of asset, expense or loss should each have a debit balance, and the accounts of liability, equity, revenue or gain should each have a credit balance..

Answered by bhartigupta534
4

\huge \pink \star{ \green{ \boxed{ \boxed{ \boxed{ \purple{ \mathfrak{Answer :}}}}}}} \pink\star

A company's transactions are recorded in a general ledger and later summed to be included in a trial balance. At the end of an accounting period, the accounts of asset, expense or loss should each have a debit balance, and the accounts of liability, equity, revenue or gain should each have a credit balance..

Similar questions