Types of Trail Balance

What are the types of trail balance?

There are three types of trial balance. They are:

Unadjusted or normal trial balance

The trial balance is prepared without making any adjustments; it is known unadjusted trial balance.

It is also called rough trial balance.

Adjusted trial balance

Adjustment of journal entry with unadjusted trial balance is known adjusted trial balance. 

Firms usually redraft their trial balance after adjusting journal entries to check the balance.

It also provides a complete list of ledger accounts balances.

The post-closing trial balance

The trial balance which is prepared after passing the closing entries for temporary accounts and before a new accounting period begins is known post-closing trial balance.

The post-closing trial balance gives the period-end account balances.

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ACCOUNTING EQUATION http://tiny.cc/c89jkz

BASIC JOURNAL ENTRIES IN NEPALI http://tiny.cc/uaakkz

BASIC JOURNAL ENTRIES http://tiny.cc/8aakkz

JOURNAL ENTRY AND LEDGER http://tiny.cc/caakkz

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SUBSIDIARY BOOK http://tiny.cc/399jkz

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TRIAL BALANCE & ADJUSTED TRIAL BALANCE http://tiny.cc/c59jkz

BANK RECONCILIATION STATEMENT (BRS) http://tiny.cc/q59jkz

DEPRECIATION http://tiny.cc/ugakkz

FINAL ACCOUNT: CLASS 11 http://tiny.cc/y89jkz

ADJUSTMENT IN FINAL ACCOUNT http://tiny.cc/keakkz

CAPITAL AND REVENUE http://tiny.cc/peakkz

SINGLE ENTRY SYSTEM http://tiny.cc/n19jkz

NON-PROFIT ORGANIZATION (NON-TRADING CONCERN http://tiny.cc/j09jkz

GOVERNMENT ACCOUNTING http://tiny.cc/hcakkz

GOSWARA VOUCHER (JOURNAL VOUCHER) http://tiny.cc/hcakkz

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