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Business Accounting and Bookkeeping
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What are the sources of trial balance?

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Answered 2010-04-09 08:53:36

Journal and Ledger are the main source of Trial Balance

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Importance of trial balance?

importance of trial balance importance of trial balance

What is the difference between trial balance of totals and trial balance of balances?

firstily trial balance of total is the total balance of trial balance being show at the end of a year. trial balance of balance it is the balances being show doing the calcution of the trial balance.

What is the difference of trial balance of balances and trial balance of totals?

trial balance of balances is the trial balance with two columns while trial balance of totals is the one with four columns

Which account balance will change between the adjusted trial balance and the post closing trial balance?

The adjusted trial balance includes depreciation and other adjustments. This is the account balance that changes between the adjusted trial balance and the post closing trial balance.

What are the three trial balances in the accounting cycle?

The unadjusted trial balance, the adjusted trial balance, and the post adjusted trial balance.

What is the rule of trial balance?

what is the rules of trial balance

What is the difference between the unadjusted trial balance and the adjusted trial balance?

The difference between adjusted and Un-adjusted trial balance is that in adjusted trial balance the items of balance sheet and income statement are randomly but in adjusted trial balance the items are in tabular form.

What is post trial balance adjustment?

Post Trial Balance Adjustment means that after prepared of trial balance if any error be locate and trial balance be not tally then suspense a/c be made and through error can be rectifyand after that trial balance is adjust.

How does the post trial balance differ from the adjusted trial balance?

Post is used at the beginning of the month where trial balance is the balance of your financial statement at the end of the month.

What two types of errors are associated with the trial balance?

Errors that do not affect the trial balance errors that affect the outcome of the trial balance

The uses of trial balance to firm the uses of trial balance?


Why does the trial balance always tally?

why does trial balance always tally

Errors not revealed by trial balance?

Errors not revealed by trial balance?

What are the kinds of trial balance?

The main aspect of in accounting stytem are ddepending up on Trial balance, These are preparing on the basis of ledger accouns. The trial balance are only statements not an Accounts. These are divided into 3 types 1) VERTICAL TRIAL BALANCE 2) HORIGENATL TRIAL BALANCE 3) MULTI TRIAL BALANCES Explanation:-

If the accounts payable account balance increase on the trial balance?

account payable increase on trial balance

If the AP account balance has increased on the trial balance that means?

A/P increase on a trial balance means what

The purpose of the post-closing trial balance is to?

In trial balance after each entry is made the next step is to determine if the trial balance is still in balance. In a manual system the post closing trial balance also gives what the balance sheet will be at the beginning of the new period.

What is the correct heading for the trial balance?

Trial Balance for <company> as at <day> <month> <year> Example: Trial Balance for Acme as at 30 April 2014

Will the post-closing trial balance will generally have fewer accounts than the trial balance?

Yes, it will have less accounts than the trial balance.

What is Post trial balance?

Its full name is Post-closing Trial Balance. It is the trial balance that is listed after all entries have been made, the trial balance being a list of all the balances on the accounts.After the trial balance, it may be necessary to make adjustments before finalising the accounts. In this case the adjustments are called 'post trial balance adjustments', the word 'post' meaning after.

What is the trial balance of a company?

The trial balance of a company is a list of all the accounts (income, expense and balance sheet) with their current balances. A trial balance should always total zero

What is the relationship if any between the amount shown in the adjusted trial balance column for an account and that accounts ledger balance?

The ledger balance shown in the trial balance and adjusted trial balance represents the amount of adjustments to be made.

Accounts Payable is considered a on the Trial Balance?

yes, liability accounts are on the trial balance.

On the Trial Balance Sheet AR is?

in a trial balance sheet are is a debit credit or liabiltiy

Does closing stock normally appear in the trial balance?

yes,it will come in trial balance

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