Trial Balance

Trial Balance

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Trial Balance : After posting the transactions to respective ledgers accounts they are balanced and Trial Balance is drawn which shows the list of accounts with corresponding Debit / Credit balances.

 

To generate Trial Balance Report,select the option as shown in the figure.

 

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Trial Balance with Horizontal View Of Financial Year window appears.

 

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Click the Create button or press F2 to view the details of those debits/credits balances which are extracted from various accounts in the ledger/ balance of cash in hand and at bank.It is a basic summary of financial statements.

 

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