Trial balance and balance sheet

TRIAL BALANCE AND BALANCE SHEET A balance sheet is a part of the accounting process, which is a schedule of debit and credit balances taken from all ledger accounts. Differences between the Trial Balance and Balance Sheet both contain the …

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TRIAL BALANCE SHEET

TRIAL BALANCE SHEET The trial balance, contained in a business ledger, is a list of all the general ledgers (both revenue and capital). This list will have the name of each nominal ledger and the value of that nominal ledger. …

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