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Torque Due to Gravity

State whether...

Question

State whether the following statement is True or False.
Net trial balance is more popular than gross trial balance.

A

True

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B

False

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Solution

The correct option is A True
Net Trial Balance is the one which is prepared by the balance method and Gross Trial Balance is the one which is prepared by the Total Method. Gross trial balance does not give accuracy of the various balances. Therefore, Net trial balance is more popular.

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