1 / 4

The Trial Balance

The Trial Balance. Business Studies. Trial Balance. The Trail balance is the list of figures that will be used to create all the final accounts. A Trial Balance will Balance the total of each column will be identical. Example Trial Balance. Dr Cr Purchases 100 Sales 200

josh
Download Presentation

The Trial Balance

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. The Trial Balance Business Studies

  2. Trial Balance • The Trail balance is the list of figures that will be used to create all the final accounts. • A Trial Balance will Balance the total of each column will be identical

  3. Example Trial Balance Dr Cr Purchases 100 Sales 200 S Knight 150 Cash 210 260 460 460

  4. Profit & Loss Accounts / Balance Sheets • All figures for these two accounts are shown in the Trial Balance • Except for the Closing Stock which is often shown as a separate figure below the Trial Balance Exercise

More Related