DiscussionsCategory: Business StudiesWhat is trial balance in business studies?
Abdul tawwab asked 9 months ago

What is trial balance in business studies?

5 Answers
Solomon JumboSolomon Jumbo answered 9 months ago

Trial balance is a list of all general ledger accounts  both revenue and capital contained in the ledger of a business

Maryam Abduljamih FolorunshoMaryam answered 8 months ago

Trial balance is a bookkeeping worksheet in which the balance of all ledgers are complied into debit and credit account column totals that are equal

Sadiq BarauSadiq Barau answered 8 months ago

a statement of all debits and credits in a double-entry account book, with any disagreement indicating an error.

Jewel AdesileJewel Adesile answered 7 months ago

A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance.

Melvyn ChukwuMelvyn Chukwu answered 6 months ago

 
a statement of all debits and credits in a double-entry account book, with any disagreement indicating an error.

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