Clarify what trial balance is and how you check trial balance in Tally ERP9?

devquora
devquora

Posted On: Feb 22, 2018

 

 The trial balance is a statement, which contains the different ledger balances on a specific date

This statement is created to check the rightness of ledger posting and balancing of records. If the total of the debit accounts is equivalent to the credit accounts. It is suggested that posting and balancing of accounts are right. In trial balance, the aggregate of all debt accounts ought to be equivalent the aggregate of all the credit balances.

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