Trial Balance: Ccounting Records
Trial Balance: Ccounting Records
Trial Balance
MEANING
TrialBalance is a statement which is
prepared in a Separate
Paper/sheet by taking up all the
ledger account balances on a
particular date in order to verify the
arithmetical accuracy of the account
in the ledger and putting the Debit
in one side and Credit in another.
PRINCIPLE
L Kent
25 Feb suspense 150
Purchase A/c
25 Feb suspense 20
Sales A/c
25 Feb suspense 100
K Sand A/c
25 Feb suspense 93
END OF CHAPTER