Posts

TRIAL BALANCE & RECTIFICATION OF ERRORS

Image
HELLO BOYS! WE WILL BE HAVING  ILLUSTRATIVE AND INTERACTIVE CLASS.  YOU WILL BE ABLE TO UNDERSTAND THE TOPIC  BY WATCHING VARIOUS SHORT AND  EXPLANATORY VIDEOS AND THE ILLUSTRATIVE IMAGES. THIS WILL HELP YOU TO GET THE PICTORIAL VIEW OF THE TOPIC. Preparation of Trial Balance Its Objectives        The format of a trial balance is given below.   Trial Balance as on …… List of Accounts L.F. Debit Balances Amount (Rs) Credit Balances Amount (Rs) 1 2 3 4 Total WATCH THE VIDEO ON  SPECIMEN OF THE TRIAL BALANCE LINK :   SPECIMEN OF THE TRIAL BALANCE Methods of Preparing a Trial Balance Steps to Prepare a Trial Balance WATCH THE VIDEO BELOW FOR UNDERSTANDING THE   PREPARATION OF TRIAL BALANCE  LINK :   PREPARATION OF TRIAL BALANCE TYPES OF ERRORS (a) Errors...