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Trial Balance

What are the Purpose of Trial Balance?
Accounting

What are the Purpose of Trial Balance?

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…
How to Prepare a Trial Balance?
Accounting

How to Prepare a Trial Balance?

A trial balance is prepared at the end of each reporting period. This is done in order to aggregate accounting information for inclusion in the…
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