how to prepare a trail balance?

0 ⤊

how to prepare a trail balance?

2006-11-14 19:17:23 · 2 answers · asked by M.N.Anandan 1 in Business & Finance ➔ Personal Finance

2 answers

whoever is asking you for it could provide you with a template.

2006-11-14 19:19:33 · answer #1 · answered by annc 3 · 0⤊ 0⤋

first you need to get the balance of all your ledger accounts.

after this you put all the balances as either a debit or credit in the trail balance.

the debits should equal the credits.

see this example

http://www.itssimple.biz/biz_tools/tools/downloads/trialbal.xlt

2006-11-14 19:23:05 · answer #2 · answered by Ryan H 1 · 0⤊ 0⤋