Some Important-to-Know Facts about Trial Balance Accounting
Trial balance is a statement prepared by stating the totals of debit and credit balances from ledger accounts.Feel free to contact us for more details visit http://www.tbworkssoftware.com
Trial balance is a statement prepared by stating the totals of debit and credit balances from ledger accounts.Feel free to contact us for more details visit http://www.tbworkssoftware.com
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Methods Of Preparation<br />
A trial balance statement can be prepared by the following methods:<br />
1.Total Method<br />
Under the <strong>to</strong>tal method, the <strong>to</strong>tals of<br />
both the debit and credit figures are<br />
taken from ledger accounts.<br />
2. <strong>Balance</strong> Method<br />
Under the balance method, only the<br />
balances from ledger accounts are<br />
taken.
Change language