What is UNCOMMON in trial balance?

Balances of personal, real and nominal account are shown

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Closing stock appears in trial balance

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Statement of assets and liabilities

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Both b & c

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is C Both b & c
What is uncommon in the trial balance is closing stock appears in the trial balance and statement of assets and liabilities. The trial balance has balances of personal, nominal and real accounts.

Suggest Corrections

Similar questions

If 'adjusted purchases' and 'closing stock' are given in the trial balance, will you transfer 'closing stock' to trading account? Give reason.

Join BYJU'S Learning Program