REQUIREMENT OF TRIAL BALANCE
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 November 2009
IS IT COMPULSORY TO HAVE TRIAL BALANCE IF WE HAVE TWO OR MORE UNITS, BUT THE FINAL SALE IS FROM THE MOTHER PLANT AND THE OTHER UNITS DOES THE SALE TO THE MOTHER UNIT.
07 November 2009
If u r maintaining books of accounts in the mercantile system no matter for which unit how do u check whether the books are tallied?
07 November 2009
As Trail Balance is the conclusive proof of the aithmatic accuracy of the books of accounts. If you does not prepare the unitwise trial then how sholud you come to know that your books of accounts are arthmetically correct.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- Under construction property in ITR
- Building tax payment deduction in rental Income
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- F & O PROFIT REPORTING FOR AY 2026-27
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
