Accounting cycles

General Accounting Principles

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

Where is Trial Balance used-

For account balancing

For preparation of financial statements

For preparation of Balance sheet

As a mandate for preparation of Balance sheet

Trial Balance is important for preparation of financial statements but does not provide authenticity to the accounting accuracy.