_______ consists of a list of all the ledger balances on a particular date.

Trial Balance

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Balance Sheet

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Cash Flow Statement

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None

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Solution

The correct option is A Trial Balance
Trial Balance consists of a list of all the ledger balances on a particular date.
A trial balance is a bookkeeping or accounting report that lists the balances in each of an organization's general ledger accounts at the year end (Accounts with zero balances will likely be omitted). The debit balance amounts are listed in a column with the heading "Debit balances" and the credit balance amounts are listed in another column with the heading "Credit balances." The total of each of these two columns should be identical.

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Similar questions

Q. A statement containing the various ledgers balances on particular date:

Q. The document listing the latest balance of all real and personal A/c in the ledger on a given date is known as ..........

State true or false:

1) A Trial balance is an account.
2) A Trial balance is helpful for preparation of final accounts.
3) A Trial balance is most important document.
4) A Trial balance may be prepared on any date.
5) In Trial balance opening stock is recorded in credit balance column.
6) Both sides total of an account are taken in Gross Trial Balance.
7) Purchase account always shows debit balance.
8) A Trial balance is a List of Ledger balances.
9) A Trial balance does not ensure accounting accuracy.
10) A Trial balance shows only arithmetical accuracy.

Q. State whether the following statement is True or False.
A Trial balance is a list of ledger balances.

Q. Select the most appropriate alternatives from those given below

A list of balances of all the accounts in ledger is called __________.
a) Balance Sheet
b) Profit & Loss A/c
c) Trading A/c
d) Trial Balance

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