Trial balance

1. A statement prepared to check the arithimatical accuracy of ledger is known as .

2. Carriage inward will be placed in the column of the trial balance.

3. The debit and credit columns of the trial balance should always be .

4. A trial balance is prepared by using the information from .

5. Ledger accounts with credit balances are placed in column of the trial balance.

6. is the most popular method of preparing trial balance.

7. Returns outwards will be placed in the credit column of the trial balance because it has balance.

8. An adjusted trial balance is used for preparing .

9. A trial balance prepared without taking into account the effect of adjusting entries is known as .

10. A trial balance prepared after taking into account the effect of adjusting entries is known as .

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