Trial Balance Explained | Format, Debit & Credit Balances | O/L Business and Accounting Studies
Автор: Mahesha Perera
Загружено: 2026-03-10
Просмотров: 35
Описание:
Trial Balance Explained | Format, Debit & Credit Balances | O/L Business and Accounting Studies
👋 Hello Students!
Welcome to the Grade 10/11 O/L Business and Accounting Studies Lesson (English Medium).
In this video, you will learn:
✅ What a Trial Balance is in Accounting
✅ The format of the Trial Balance
✅ The two types of balances recorded in a Trial Balance
• Debit Balances
• Credit Balances
✅ Step-by-step explanation of how to prepare a Trial Balance
This lesson is perfect for:
✔ Grade 10 students studying Chapter 11 – Trial Balance
✔ Students learning the basics of Accounting
✔ Anyone preparing for O/L Business and Accounting Studies exams
Understanding the Trial Balance is very important in Accounting because it helps verify whether the total debits equal total credits. This lesson explains the concept in a simple step-by-step method to help you understand easily.
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