Ask Experts Questions for FREE Help!
  Advanced
Register  |  Log in  
   Ask    
 Answer  
  Help  

Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
Free Answers in 3 Easy Steps

Register Now		 3 Steps

At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.

Home > Business & Careers > Accounting   »   Trial Balance

Answer this Question Ask about Accounting
 
Question Tools Search this Question Display Modes
Question
 
 
#1  
Old Oct 3, 2007, 10:57 AM
A5H
New Member
A5H is offline 		 
Join Date: Oct 2007
Posts: 1
A5H See this member's comment history on his/her Profile page.
Trial Balance
Should i write the name of the account in the trial balance? when both, the debit and credit side are equal after balancing off

Reply With Quote
 
     

Answers
 
 
Old Oct 3, 2007, 04:25 PM   #2  
CaptainForest
Finance & Accounting Expert
CaptainForest is offline
 
CaptainForest's Avatar
 
Join Date: Nov 2005
Location: Canada
Posts: 3,664
CaptainForest See this member's comment history on his/her Profile page.CaptainForest See this member's comment history on his/her Profile page.CaptainForest See this member's comment history on his/her Profile page.CaptainForest See this member's comment history on his/her Profile page.
No.

There is no reason to if the balance is 0.
  Reply With Quote
 
     
 
 
Old Oct 4, 2007, 01:58 AM   #3  
praveen_yadu
New Member
praveen_yadu is offline
 
Join Date: Oct 2007
Posts: 7
praveen_yadu See this member's comment history on his/her Profile page.
if the debit and credit balance are equal in the trial balance, than you show same amount are both side.

Comments on this post
CaptainForest disagrees: This answer is incorrect. If the balance of an account is 0, it has no place on a trial balance. If put on trial balance, it should be put with 0 balance, not equal amounts on both sides. But, with a 0 balance, it shouldn't be on the Trial Balance
  Reply With Quote
 
     
Answer this Question Ask about Accounting

« Previous Question | Next Question »

Question Tools Search this Question
Search this Question:

Advanced Search
Display Modes
Linear Mode Linear Mode

 
Similar Sponsors

Similar Questions
Question Asker Topic Answers Last Post
Creating balance sheet from trial balance omadri7231 Accounting 8 Jun 17, 2008 10:00 PM
Trial Balance & Balance Sheets Jeanne Arcand Accounting 3 Nov 5, 2007 11:15 AM
Trial Balance bettycastan1956 Accounting 0 Sep 4, 2007 05:26 PM
trial balance kloklo Accounting 1 Nov 10, 2006 07:55 PM
Trial balance cahitmanhart Finance & Accounting 3 Sep 23, 2006 05:49 PM




Copyright ©2003 - 2007, Ask Me Help Desk.
All times are GMT -8. The time now is 06:41 AM.

Content Relevant URLs by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.