Trial balance

Business Studies J.S.S 3 Second Term


Trial balance

Performance Objectives

Students should be able to:

    1. Explain the meaning of a trial balance.

    2.  State the functions of trial balance.

    3. Extract balances from ledgers to form trial balance.


Meaning of Trial Balance

A trial balance is a list of balances extracted from the ledger. It consists of individual debit and credit balances from various ledger accounts.

Format of trial balance

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