When a statement is prepared with debit balances in one side of the column, then the credit balances are on the other side of the column, the total of both the sides become equal, that statement is known as trial balance. For any business, it is quite evident to see the sum of debit balances in the ledger summary and it should be equal to the total number of credit balances.
Get in touch with Outsource Direct if you want to avail our trial balance service. We can help you create the closing balances of different ledger accounts and bring them together to one statement. We can prepare a trial balance at any date, no matter when the account was closed. Please note the trial balance is only a statement and not an account.
How can Outsource Direct help?
We can help you see the consolidated list of all ledger balances.
Trial balance is one of the shortest ways to verify the accuracy of entries which were made in the ledger.
With our trial balance service, we can help to prepare the final accounts, which will include profit and loss, as well as the balance sheet.
We can uncover any errors in the letter.
We can also find any missing amount and help you get to know the ending balance of each account quickly.
If you want freedom from recording errors and want to have a sure shot trial balance sheet, then all you need to do, please get in touch with outsourcing direct. Give us a call to find out more about our services. We are right here to answer all your queries.