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Class 12 Tuition > Learn Accountancy > Definition and Meaning of Trial Balance
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Definition and Meaning of Trial Balance

Subhash Chandra Thakur
14/01/2024 0 0

A trial balance is a financial statement that lists the balances of a company's general ledger accounts at a specific point in time. It ensures that the total debits equal total credits, helping in the preparation of accurate financial statements.

 

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