Commerce Exam  >  Commerce Questions  >  Balances of the accounts are transferred to :... Start Learning for Free
Balances of the accounts are transferred to : 
  • a)
    Trial Balance 
  • b)
    Trading Account 
  • c)
    Profit & Loss Account 
  • d)
    Balance sheet 
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Balances of the accounts are transferred to :a)Trial Balanceb)Trading ...
A trial balance is a listing of the ledger accounts and their debit or credit balances to determine that debits equal credits in the recording process. Note that totals for the Debit and Credit entries come from the ending balance of the T-accounts or ledger cards.
Free Test
Community Answer
Balances of the accounts are transferred to :a)Trial Balanceb)Trading ...
A Trial Balance is a statement prepared with the debit and credit balances of the ledger account to test the arithmetical accuracy of the books.
Explore Courses for Commerce exam

Top Courses for Commerce

Balances of the accounts are transferred to :a)Trial Balanceb)Trading Accountc)Profit & Loss Accountd)Balance sheetCorrect answer is option 'A'. Can you explain this answer?
Question Description
Balances of the accounts are transferred to :a)Trial Balanceb)Trading Accountc)Profit & Loss Accountd)Balance sheetCorrect answer is option 'A'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Balances of the accounts are transferred to :a)Trial Balanceb)Trading Accountc)Profit & Loss Accountd)Balance sheetCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Balances of the accounts are transferred to :a)Trial Balanceb)Trading Accountc)Profit & Loss Accountd)Balance sheetCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Balances of the accounts are transferred to :a)Trial Balanceb)Trading Accountc)Profit & Loss Accountd)Balance sheetCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Balances of the accounts are transferred to :a)Trial Balanceb)Trading Accountc)Profit & Loss Accountd)Balance sheetCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Balances of the accounts are transferred to :a)Trial Balanceb)Trading Accountc)Profit & Loss Accountd)Balance sheetCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Balances of the accounts are transferred to :a)Trial Balanceb)Trading Accountc)Profit & Loss Accountd)Balance sheetCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Balances of the accounts are transferred to :a)Trial Balanceb)Trading Accountc)Profit & Loss Accountd)Balance sheetCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Balances of the accounts are transferred to :a)Trial Balanceb)Trading Accountc)Profit & Loss Accountd)Balance sheetCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev