A listing of the components of account balances which relieves the general ledger of detail thereby facilitating the preparation of a trial balance is known as: Subsidiary ledger 3. Private ledger Worksheet 4. Register
A listing of the components of account balances which relieves the general ledger of detail thereby facilitating the preparation of a trial balance is known as: Subsidiary ledger 3. Private ledger Worksheet 4. Register
A listing of the components of account balances which relieves the general ledger of detail thereby facilitating the preparation of a trial balance is known as: Subsidiary ledger 3. Private ledger Worksheet 4. Register
A listing of the components of account balances which relieves the general ledger of detail thereby facilitating the preparation of a trial balance is known as:
Subsidiary ledger 3. Private ledger
Worksheet 4. Register
Definition Definition Statement that shows the ending balance of all the ledger accounts of a firm at the end of the accounting period. The trial balance is prepared after all the entries have been posted to the ledger accounts and assists in preparing the final accounts of a firm.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.