Question :
A) Monthly
B) Annually
C) Half yearly
D) Any of the above
Answer : D
Trial balance is prepared on ________ basis
A) Monthly
B) Annually
C) Half yearly
D) Any of the above
Answer : D
Description :
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.
Related Questions - 1
Integrated accounts with inventory is available in
A) F12 configuration
B) F11 features
C) Inventory info
D) Accounts info
Related Questions - 2
Related Questions - 3
A ‘credit note’ is sent by ________ to ________
A) Seller buyer
B) Buyer seller
C) Customer seller
D) Creditor seller
Related Questions - 4
Which of the following user type can view audit list
A) Tally Vault
B) Owner
C) Data Entry
D) Administrator