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Entrepreneurship Development and Small Business Enterprises by Pearson
book

Entrepreneurship Development and Small Business Enterprises by Pearson

by Poomima M Charantimath
May 2024
Intermediate to advanced content levelIntermediate to advanced
540 pages
27h 7m
English
Pearson India
Content preview from Entrepreneurship Development and Small Business Enterprises by Pearson
1
408
Eonepreoeuuhip
Developmenl
and
Small
Bu
siness
Ente
r
prises
The
trial balance
of
a business is incomplete
in
(hal
il
does not always show a
ll
transaclions up
to
a given date. It will not show the value
of
stock on hand on the
balance sheet date. nor
will
it
show debts which the business
wi
ll
have incurred but
for which the
bu
si
ne
ss
has
yet 10 receive a bill. For example. presumably
N.
Shah
has
a tel
epho
ne,
....
hich he has used. Obviously, in using the telephone. he is incurring
cost.
but
that
will
nul h('
show
n in the trial balance if Indian Telecom has still to
invoice
him
.
The trial balance
has
to
be adjusted
and
the
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Publisher Resources

ISBN: 9781299601086