11.07.2016 • Views

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

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TB Works Software

Mail: info@tbworkssoftware.com

Call: 832-387-7816

Website:

www.tbworkssoftware.com

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• Compensating Errors This states that effect of one error is neutralized due to the effect of another error. • Errors Of Principle Whenever any expenditure or income is not properly accommodated with revenue and capital, the occurring mistake is called the error of principle.

TB Works Software Mail: info@tbworkssoftware.com Call: 832-387-7816 Website: www.tbworkssoftware.com

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Some Important-to-Know Facts about Trial Balance Accounting

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