What is the difference between trial balance and general ledger?
|it records the final entries of the transactions
|It checks the mathematical accuracy of the general ledger balances.
|This is done accordant to the class of accounts
|Classification of accounts is not done
|It records the transactions all along the accounting year.
|It is finalized on the last day of the accounting year.
This is one of the most asked accounting interview questions
BY Best Interview Question ON 09 Apr 2019