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Trial Balance is a report to analyze the account transaction,In double entry system every entry has dual effect,therefore trial balance is the report where all debits and ... See More
trial balance has two sides debit and credit...debit all expenses and assets and credit all incomes and liabilities,,those items posted from ledger accounts
Closing stock is the leftover balance out of goods which were purchased during an accounting period. Total purchases are already included in the trial balance, Hence clos ... See More