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How to extract a TRIAL BALANCE from LEDGER ACCOUNTS

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How to extract a TRIAL BALANCE from LEDGER ACCOUNTS

290,004 views October 25, 2018 15:42

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#hstutorial Ledger Accounts and the Extraction of a Trial Balance.

Today you’re going to learn how to extract a trial balance from ledger entries

First, you’ll also see how the information provided in this question on Ledger will be classified and differentiated and transferred or recorded in the cash book.

But wait, you’ll also see which of the entries that will be debited and the ones to be credited because any wrong posting into the cash book or ledger account will affect the trial balance (though not often).

To help you acquire an in-depth knowledge of this topic, I have summarized the concept of the Ledger Accounts and the Extraction of a Trial Balance in an article here hstutorial.com/ledger-accounts

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About this tutorial

HS Tutorial published this 15:42 video tutorial on October 25, 2018. It has been watched 290,004 times on YouTube.

Category
Education
Duration
15:42
Published
October 25, 2018
Views
290,004
Likes
7,080

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Further reading

  • How to prepare ledger accounts and extract a trial balance ... accountingtutorials.co.ke

    Learn how to prepare ledger accounts and extract a trial balance from this series of 9 videos. You will also learn basic concepts in financial accounting, such as the double-entry concept, the accounting equation, defin…

  • Trial balance report (LedgerTrialBalance) | Microsoft Docs docs.microsoft.com

    The Trial balance report displays full details of the ledger accounts. The report information includes opening balances, debits, credits, and the resulting balances for a given date range. The general purpose of the tri…

  • How to Prepare a Trial Balance from Ledger Balances ... accountingcapital.com

    Prepare Trial Balance from Ledger Balances. Preparing a trial balance from ledger balances is the next step of posting and balancing ledger accounts. The trial balance is a statement of debit and credit balances that ar…

  • Preparation of Trial Balance: Steps in the Preparation of ... toppr.com

    Preparation of trial balance is the third step in the accounting process. First, we record the transactions in the journal. And then we post them in the general ledger. Then we prepare a trial balance to verify that the…

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