Trial Balance is prepared from the balance of ledger accounts.

i. Real ii. Real

Correct Answer - Balance Method.

Trial Balance is an abstract or list of all the ledger accounts as on a specified date showing debit total and the credit total of all the accounts or their net...

i. Ledger ii. Posting iii. Ledger folio iv. Balancing v. Debtor vi. Bank overdraft vii. Loss by fire viii. Net Trial Balance

This statement is False. Even though the Trial balance is tally there may be some mistake like the complete omission of transaction or compensatory error so Agreement of Trial Balance does...

This statement is True. Trial balance is an extract of ledger balances. Ledger is prepared of journal book which follows the Double Entry System of bookkeeping. When both the effects of...

i. One-sided errors ii. Overcasting iii. Error of omission iv. Error of principle v. Suspense account

i. (a) Journal Proper ii. (d) two-sided error iii. (b) commission iv. (b) Error of omission v. (d) Trial Balance

A trial balance cannot be prepared under a single entry system.

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