Question

What Is Trial Balance? What Does An Accurate Trial Balance Suggest?

Answer 1

trial balance consists the amounts of the ledger accounts .An accurate Trial Balance is an evidence that all the transactions are recorded and posted in the General Ledger account as per the accounting principles. It also ensures arithmetical accuracy of the process of ledger posting.

COMMENT IF YOU ARE NOT CLEAR

Answer 2

• 1 ans.A trial Balance is a list of all the general ledger accounts contained in the ledger business.
• 2 ans.An accurate trial Balance is an evidence that all the transactions are recorded and posted in the general ledger accounts as per the accounting principle.