Distinguish Between Balance Sheet And Trial Balance - The trial balance lists all the accounts used by a company, such as assets, liabilities,. It is a statement of debit and credit balances that are extracted from ledger accounts on a specific date. Web another key difference between the two statements is that the balance sheet is a final statement that is prepared at the.
It is a statement of debit and credit balances that are extracted from ledger accounts on a specific date. The trial balance lists all the accounts used by a company, such as assets, liabilities,. Web another key difference between the two statements is that the balance sheet is a final statement that is prepared at the.