ACCOUNTING I Dersi Recording Process soru detayı:

PAYLAŞ:

SORU:

How and when a trial balance is prepared?


CEVAP:

Although a trial balance may be prepared at any time, it is usually prepared on the last day of the accounting period. We should first list the account titles in order to prepare a trial balance. After that appropriate balance amounts are entered into debit or credit column. Then sum of debits and sum of credits are calculated. And at the final step, the equality of the sum of debits and the sum of credits is proved.