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In: Accounting

Which image below correctly shows a trial balance worksheet? SAVE AND CONTINUE © 2020 SOPHIA Learning,...

Which image below correctly shows a trial balance worksheet?

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A trail balance is a rundown of all the general record accounts (both income and capital) contained in the record of a business. This rundown will contain the name of every ostensible record account and the estimation of that ostensible record balance. Every ostensible record will hold either a charge balance or a credit balance. The charge balance esteems will be recorded in the charge section of the preliminary parity and the credit esteem parity will be recorded in the credit segment. The exchanging benefit and misfortune explanation and monetary record and other money related reports would then be able to be delivered utilizing the record accounts recorded on a similar parity.

The main difference from the general ledger is that the general ledger shows all of the transactions by account, whereas the trial balance only shows the account totals, not each separate transaction.

Finally, if some adjusting entries were entered, it must be reflected on a trial balance. In this case, it should show the figures before the adjustment, the adjusting entry, and the balances after the adjustment.

Note : There is no image in the work sheet

So Im presenting TB for you reference

ekkarill92 answered 2 years ago
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