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Forms of a Trial Balance
A trial balance may be prepared in two forms, they are :
1. Journal Form
2. Ledger Form
The trial balance must tally irrespective of the form of a trial balance.
1. Journal Form : This form of a Trial balance will have a format of Journal Folio. It will have a column for serial number, name of the account, ledger folio, debit amount and credit amount columns in this journal form.
The ledger folio will show the page number on which such account appears in the ledger.
2. Ledger Form : This form of a trial balance have two sides i.e. debit side and credit side. In fact, the ledger form of a trial balance is prepared in the form of an account. Each side of the trial balance will have particulars (name of the account) column, folio column and the amount column.
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