What is trial balance?

Give the format of trial balance.

What are the methods of preparation of trial balance?

State whether the balance of the following accounts should be placed in the debit or the credit column of the trial balance
(i) Carriage outwards
(ii) Carriage inwards
(iii) Sales
(iv) Purchases
(v) Bad debts
(vi) Interest paid
(vii) Interest received
(viii) Discount received
(ix) Capital
(x) Drawings
(xi) Sales returns
(xii) Purchase returns

What will be the effect on trial balance if purchases return of Rs. 10,000 has been wrongly posted to the debit of sales return account but correctly entered in the customer's account?

Trial Balance is a link between the ledger and final accounts. Explain.

What is suspense account?

State whether the balance of each of the following accounts should be placed in the debit or the credit column of the trial balance.
1) Sundry debtors
2) Creditors
3) Cash in hand
4) Bank overdraft
5) Salary
6) Discount allowed
7) Plant and machinery
8) Furniture

Name the different kinds of errors ..

Why is it said that the trial balance is not a conclusive proof ofthe accuracy ofthe account books?