Category: Trial Balance

  • Trial Balance

    A Trial Balance is a statement of accounts which appears in the Ledger showing either the balances
    or the total amounts of debit and credit items.

    In this I will discuss the following topics

    8.01 Meaning of a Trial Balance
    8.02 Objectives or Utility of a Trial Balance
    8.03 Limitations of Trial Balance
    8.04 Methods of Preparing a Trial Balance
    8.05 Preparation of the Trial Balance from Ledger Account Balances
    8.06 Redrafting of a Trial Balance

    Trial Balance
    Trial Balance

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