What Is Trial Balance?

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garima bansal
Posts: 2408
Joined: Mon Aug 05, 2019 4:43 pm

Sat Aug 10, 2019 3:43 pm

It is statement of balances of all the accounts in the ledger prepared to prove the arithmetical accuracy of the books of accounts.
Posts: 1
Joined: Mon Feb 03, 2020 1:10 pm

Mon Feb 03, 2020 1:15 pm

A trial balance is a bookkeeping worksheet in which the balance of all ledgers are compiled into debit and credit account column and their totals are equal. With the help of trial balance, final accounts statements are prepared.
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