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इंडियन गवर्नमेंट एग्जाम प्रेप
Trial balance is prepared on ________ basis
Correct Answer: D
Solution & Explanation
Trial balance is a list of ledger accounts balances, showing debit balances and credit balances, separately on a certain date. Trial balance is only a statement not an account. Every transaction has equal debit and credit aspects so that the trial balance possesses equal debit and credit balances. Preparing trial balances periodically will help you to fix errors as soon as it happens.
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संबंधित प्रश्न (Related)
Which account is the odd one
Which step is followed to view Purchase Register
Collection of ledgers of same nature is called
Which of the following file is usually used as a master file
Which option is used to view Trial Balance from Gateway of Tally?
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