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P1 C10 Trial Balance — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP1 C10 Trial Balance2 Marks
Question
Explain total methods and balance method.
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Answer

In the total method, trial balance is prepared on the basis of the totals of debit and credit sidesof each accounts, while in the balance method of trial balance, the trial balance is prepared on thebasis of balance of every account.

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