Trial Balance Debit And Credit List

A Trial Balance shows the balances of Temporary Accounts (Revenues & Expenses) and Permanent Accounts (Asset, Liabilities & Equity) in order to show arithmetic accuracy of the ledger accounts' balances transferred from Books of Original Entry (Journal) and Books of Final Entry (Ledgers).

Below is the debit and credit list of Five Types of Accounts appear on a trial balance:

S. No. Particulars Amount Amount

Rs. Rs.

1. Opening Inventory XXX

2. Purchases XXX

3. Sales Returns XXX

4. Carriage Inward XXX

5. Transportation Expenses XXX

6. Wages Expenses XXX

7. Salaries Expenses XXX

9. Rent Expenses XXX

10. Discount Allowed XXX

11. Depreciation Expense XXX

12. Other Expenses XXX

13. Cash XXX

14. Accounts Receivable XXX

15. Prepaid Expenses XXX

16. Accrued Revenues XXX

16. Plant & Machinery XXX

17. Furniture & Fixture XXX

18. Office Equipment XXX

19. Land & Buildings XXX

20. Accumulated Depreciation XXX

21. Accounts Payable XXX

22. Outstanding Expenses XXX

23. Unearned Revenues XXX

22. Equity XXX

23. Retained Earnings XXX

23. Sales XXX

24. Revenues Received XXX

________ ________

XXX XXX

________ _________

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