Question: pls privide me the answer for the below Q ! thanks Question 1 a) Prepare a Trial Balance for Shining Brothers Pvt. Ltd. at March
Question 1 a) Prepare a Trial Balance for Shining Brothers Pvt. Ltd. at March 31", 2019 ITEMS Owner's equity Drawings Machinery Sales Discount allowed Purchases Discount Received Bank Loan Creditors Taxes Paid Cash in Hand Bills Payable Inventory Repair Debtors AMOUNT (S) 1,551 560 2,850 2.850 530 1,260 364 996 528 720 226 680 264 461 98 b)Trial Balance is a list of closing balances of ledger accounts on a certain date and is the first step towards the preparation of financial statements. Discuss the purpose of preparing Trial Balance in an organization
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