Section 59 in The M.P. Janpad Panchayats (Accounts) Rules, 1999
59. Trial Balance.
- At the end of each month a trial balance shall be prepared in Form No. JP-19. The balance of all the accounts in the general ledger and the closing cash and bank balance in the cash books should also be taken in the Trial Balance. The aggregate of debit balances and that of the credit balances must tally. The trial balance prepared as per rules shall be placed before the General Administration Committee along with a report about the Income and Expenditure of the Janpad Panchayat during the relevant month.
