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Indemnity always goes to the credit side.

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13y ago
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Q: Where indemnity go on a trial balance?
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Related questions

Where do expenses go on trial balance?

debit


Importance of trial balance?

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What is the difference between trial balance of totals and trial balance of balances?

firstily trial balance of total is the total balance of trial balance being show at the end of a year. trial balance of balance it is the balances being show doing the calcution of the trial balance.


What is the difference of trial balance of balances and trial balance of totals?

trial balance of balances is the trial balance with two columns while trial balance of totals is the one with four columns


Where does amortization expense go on trial balance?

on the credit side


What side of a trial balance does inventory go on?

credit side


What record book does the trial balance go in?

general ledger


Which account balance will change between the adjusted trial balance and the post closing trial balance?

The adjusted trial balance includes depreciation and other adjustments. This is the account balance that changes between the adjusted trial balance and the post closing trial balance.


What are the sources of trial balance?

Journal and Ledger are the main source of Trial Balance


What are the three trial balances in the accounting cycle?

The unadjusted trial balance, the adjusted trial balance, and the post adjusted trial balance.


What is the rule of trial balance?

what is the rules of trial balance


What is post trial balance adjustment?

Post Trial Balance Adjustment means that after prepared of trial balance if any error be locate and trial balance be not tally then suspense a/c be made and through error can be rectifyand after that trial balance is adjust.