Trial Balance

Business Studies

TRIAL BALANCE

TRIAL BALANCE Click on the link to open this lesson note TRIAL BALANCE   See also BOOK KEEPING CONSUMER COMMUNICATION TRANSPORTATION ADVERTISING

Business Studies

TRIAL BALANCE

TRIAL BALANCE   MEANING OF A TRIAL BALANCE A trial balance is a list of debit and credit balances extracted from the ledger. The trial balance shows the arithmetical accuracy of ledger entries. Double entry book keeping requires that the totals of the debit column and that of the credit column of the trial balance agree. …

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