what do you mean by Trial Balance?
Others answers (1)
- eAnswers...Feb 19, 2013
Trial balance is a statement containing the various ledger balances on a particular date. It is a list of debit and credit totals or a list of debit and credit balances of all the ledger accounts prepared on any particular date. It prepares final accounts i.e. profit and loss accounts, cash flow statements, and balance sheet.
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