Question
Which one of the following statements about Trial
Balance is correct?Solution
A trial balance is a financial statement that lists all the ledger account balances of a business at a specific point in time, usually at the end of an accounting period, such as a month or a year. The purpose of a trial balance is to ensure that the total debits of all accounts equal the total credits of all accounts, which is a fundamental principle of double-entry bookkeeping.
Consider the following statements regarding the Hybrid Annuity Model (HAM):
1. It is a mix of the Engineering, Procurement and Construction (EP...
Soil degradation is one of the major environmental problems being faced these days. A wide range of techniques to conserve soil are mentioned below. Sel...
A man sold an article for ₹247.50, thereby gaining 12.5%. The cost of the article was:
Cess on coal at ₹ 100 per ton is a type of
 In a coded language 'PROBLEM' is written as 'MPERLOB'. In the same coded language how will you write 'NUMBERS' ?Â
The English defeated the _________ in the battle of Wandiwash.
The Asiatic lion population largely resides in the protected park area of ________.
On which date, a Naval Central Strike committee was elected in order to deal with the rising strikes by Indian sailors of the RIN?
The High Courts of Judicature initially established in India were located at
According to data from Centre for Monitoring the Indian Economy, which state has witnessed the highest unemployment rate in January 2022?
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