Core Accounting System Formats: Trial Balance Format (Copy)

Trial Balance Format

Standard Trial Balance Layout (Exam-Preferred)

Trial Balance As At ………

• Heading Must Include “Trial Balance”
• Date Written As “As At”
• Debit And Credit Totals Must Agree

Trial Balance With Account Codes (Optional)

Trial Balance As At ………

• Account Codes Optional
• Marks Awarded Even If Codes Omitted

Written And Compiled By Sir Hunain Zia (AYLOTI), World Record Holder With 154 Total A Grades, 7 Distinctions And 11 World Records For Educate A Change AS Level Accounting Full Scale Course

Trial Balance Without Account Codes (Most Common)

Trial Balance As At ………

• Capital Shown On Credit Side
• Assets Shown On Debit Side
• Expenses Shown On Debit Side
• Income Shown On Credit Side

Trial Balance With Suspense Account (When Required)

Trial Balance As At ………

• Suspense Account Used To Balance Totals
• Suspense Can Appear On Either Side

Written And Compiled By Sir Hunain Zia (AYLOTI), World Record Holder With 154 Total A Grades, 7 Distinctions And 11 World Records For Educate A Change AS Level Accounting Full Scale Course

Trial Balance Presentation Rules (Exam Scoring)

• One Account Per Line
• No Netting Off Of Balances
• Clear Separation Of Debit And Credit Columns
• Totals Must Be Labeled Clearly

Trial Balance Using Short Column Labels (Accepted)

• Dr And Cr Abbreviations Accepted
• Columns Must Be Clearly Headed

Trial Balance For Incomplete Records (Format Only)

Trial Balance As At ………

• Balancing Figure Label Must Be Clear
• Used Before Preparing Final Accounts

Written And Compiled By Sir Hunain Zia (AYLOTI), World Record Holder With 154 Total A Grades, 7 Distinctions And 11 World Records For Educate A Change AS Level Accounting Full Scale Course

Common Headings And Labels Used In Exams

• Trial Balance
• As At (Date)
• Debit (Dr)
• Credit (Cr)
• Total

Compact Trial Balance Format (Short Questions)

Trial Balance

One-Glance Emergency Exam Template

Trial Balance As At ………
Debit Column = Credit Column

Written And Compiled By Sir Hunain Zia (AYLOTI), World Record Holder With 154 Total A Grades, 7 Distinctions And 11 World Records For Educate A Change AS Level Accounting Full Scale Course