Page 106 - Account 10

i. Total Method
In this method, both the debit and credit totals (before balancing the accounts) of the
ledger accounts are put in the respective debit and credit column. When both the totals
in the trial balance are equal at the last, it proves the arithmetical accuracy of the books of
account.
The following is common specimen of a trial balance, prepared under total method.
Trial Balance
As on 31 Baishakh, 075
st
S N. Particulars L.F. Dr. Amount Cr. Amount
1. Cash A/c 21,700 16,000
2. Capital A/c - 20,000
3. Bank A/c 15,000
4. Purchase A/c 3.000
5. Furniture A/c 1,500
6 ABC Furniture A/c 1,500
7. Kailash & Co. A/c 2,000
8. Sales A/c 1,700
Total 41,200 41,200
ii. Balance Method
It is the most common and generally adopted method. Under this method, the debit
and credit balances of the ledgers are mentioned in the respective columns in the trial
balance to see whether the both totals of its balance are equal or not. The balance of a
ledger is the difference of its debit total and credit total of a certain specified period. The
specimen of a trial balance under balance method is given below:
Trial Balance
As on 31 Baishakh, 075
st
S N. Particulars L.F. Dr. Amount Cr. Amount
1. Cash A/c 5,700
2. Capital A/c 20,000
3. Bank A/c 15,000
4. Purchase A/c 3,000
5. Furniture A/c 1,500
6 ABC Furniture A/c 1,500
7. Kailash & Co’s A/c 2,000
8. Sales A/c 1,700
Total 25,200 25,200

iii. Combined/Mixed Method
This method is the combination of the first and second methods i.e. the total and the
balance methods. Hence, this method presents both the total and balance figures in the
same trial balance in separate columns. There are two main amount columns for total and

106 Aakar’s Office Practice and Accountancy - 10 Trial Balance 107