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Trial balance

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 September 2014 Dear Sir ,

What is Trial Balance?

What is the Need of Trial Balance in Accounting ?

Kindly Explain.......



05 October 2014 1) Trial balance prepared to know the arithmetical accuracy.

2) Trial balance prepared on basis of closing balance of all ledgers.

3) It necessary to prepare financial statements .




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