Wednesday, February 10, 2016

TRIAL BALANCE AND ADJUSTED TRIAL BALANCE






Trial balance is an accounting document which lists the movements and balances of all and each one of the accounts of the increased and that is prepared with the objective of comparing or check if all debits and credits of the seats of daily have been recorded in the accounts of Greater respecting the double entry






Adjusted trial balance is a list of the balances in the general ledger accounts that were created after the preparation of the seat adjustment. The trial balance set contains the balances of revenue and expenditure, together with those of the assets, liabilities and capital.





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