Log in

View Full Version : Trial balance and balance sheet


kamb
Oct 17, 2014, 04:49 AM
What is the difference between a trial balance and a balance sheet. Can you show me how a balance Sheet will appear on the basis of this trial balance using the below particulars.



Particulars

Debit (Rs.)

Credit (in Rs.)



Cash

10,000




Capital


100,000



Bank

77,000




Furniture

25,000




Ram


15,000



Rahim

50,000




Trading & Profit & Loss


47,000









162,000

162,000

smoothy
Oct 17, 2014, 04:57 AM
That's a homework question, show us what you think it is first, and explain why you came to that conclusion, then we can help you if and where you went wrong.