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Definition and Meaning of Trial Balance

14/01/2024 1 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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Which statement is prepared to know the profitability of the business?

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X has made the following drawings during 2014-15. Calculate interest on drawings @90% . 1.Rs. 4000 withdrawn...

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What is meant by Capital?

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difference b/w cash & cash eqivalant..

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