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Trial balance

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This is an old revision of this page, as edited by Sabbirahmed (talk | contribs) at 14:32, 16 March 2011. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

What is trial balance.

Trail balance is no other than a statement that shows only the balance of account. By this, authority of business can see the balance of account at a glace. Secondly, a accountant of business can give a trail whether the book keeper keeps the account correctly. This is not a compulsory part of accounting. It just helps the accountant to verify the errors of double entries. Besides it helps to make financial statement in the ease way.

Remember it trail balance can only pick up the mistakes of double entries bookkeeping.

Sabbir Ahmed — Preceding unsigned comment added by Sabbirahmed (talk • contribs) 14:24, 16 March 2011 (UTC)

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