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trial balance

trial balance

by Md. Abdullah Ibna Harun (193-15-13426) -
Number of replies: 1

A trial balance is a list of closing balances of ledger accounts on a certain date and is the first step towards the preparation of financial statements. It is usually prepared at the end of an accounting period to assist in the drafting of financial statements. basically, it provides a snapshot of the accounts that the company has, as well as the balances of each account.

In reply to Md. Abdullah Ibna Harun (193-15-13426)

Re: trial balance

by Shahana Kabir -
Nice observations.Thanks for response.