What are the different types of trial balances?
submitted by aron gift

antonyk

A trial balance is a list of all the nominal codes (which are the codes for each nominal ledger, also known as a general ledger).

The categories in the general ledger are: Assets, Liabilities, Equity, Revenue, and Expense.

Arnold

Generally, the trial balance includes all accounts on the Balance Sheet and the Income Statement. It may be limited to Balance Sheet or to Income Statement Items. In addition, a type of trial balance might be generated by income or expense category, such as Sales and Cost of Goods Sold, for a Gross Profit Trial Balance.

Jhamy ann B. Hade

There are 2 types of trial balance: totals and balancing.

Niraj Bista

Trial Balance is a statement of debit and credit of various ledger account which is prepared to check their arithmetical accuracy. Trial Balance is a statement not a account or the financial statement. It aids to prepare the final account

There are three types of Trial Balance :
1) Unadjusted Trial Balance
2) The Adjusted Trial Balance
3) The Post-Closing Trial Balance

vinoop v wilson

By total Method, By Balance Method and Total/Balance Combined Method are the thee types of Trial Balances in Accounting.

fladyoung

Trial balance can be defined as a statement of all debits and credits in a double-entry account book, with any disagreement indicating an error.

Sujit

There are three types of trial balance.
1. Total method
2. Balance method and
3. Total and balance method.

eyerusalem

Adjusted unadjusted post closing

Tinacia

1. Pre adjustment trial balance
2. post-adjustment trial balance
3. post closing trial balance

Ankita

1) Total method, 2) Balance method, 3) Total and balance method, 4) Omitting the equation account total method. (left that account which are equal debit

Isaac

Three types of trial balance are stated as follows :
The unadjusted trial balance
The adjusted trial balance
The closes trial balance