{"id":12875,"date":"2024-08-27T15:32:08","date_gmt":"2024-08-27T10:02:08","guid":{"rendered":"https:\/\/razorpay.com\/learn\/?p=12875"},"modified":"2024-10-14T17:35:37","modified_gmt":"2024-10-14T12:05:37","slug":"trial-balance","status":"publish","type":"post","link":"https:\/\/razorpay.com\/learn\/trial-balance\/","title":{"rendered":"What is Trial Balance? Types, Format, Examples &#038; How it Works"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d0385870f39\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d0385870f39\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/razorpay.com\/learn\/trial-balance\/#What-is-a-Trial-Balance\" >What is a Trial Balance?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/razorpay.com\/learn\/trial-balance\/#Trial-Balance-Format-with-Example\" >Trial Balance Format with Example<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/razorpay.com\/learn\/trial-balance\/#What-is-the-Purpose-of-a-Trial-Balance\" >What is the Purpose of a Trial Balance?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/razorpay.com\/learn\/trial-balance\/#Types-of-Trial-Balance\" >Types of Trial Balance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/razorpay.com\/learn\/trial-balance\/#Adjusted-Trial-Balance-Example\" >Adjusted Trial Balance Example<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/razorpay.com\/learn\/trial-balance\/#How-Does-a-Trial-Balance-Work\" >How Does a Trial Balance Work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/razorpay.com\/learn\/trial-balance\/#Limitations-of-a-Trial-Balance\" >Limitations of a Trial Balance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/razorpay.com\/learn\/trial-balance\/#How-is-Trial-Balance-Different-from-a-Balance-Sheet\" >How is Trial Balance Different from a Balance Sheet?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/razorpay.com\/learn\/trial-balance\/#Conclusion\" >Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/razorpay.com\/learn\/trial-balance\/#FAQs\" >FAQs<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What-is-a-Trial-Balance\"><\/span>What is a Trial Balance?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A trial balance is a financial worksheet that lists all the balances of general ledger accounts in a company&#8217;s bookkeeping system. It&#8217;s essentially a summary of all the debits and credits in a company&#8217;s accounts at a specific point in time, typically at the end of a financial year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Trial-Balance-Format-with-Example\"><\/span>Trial Balance Format with Example<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>To demonstrate how a trial balance functions, let&#8217;s look at a simplified example using ABC Corp&#8217;s unadjusted trial balance as of December 31, 2023.<\/p>\n<p><strong>In the below table all amounts are presented in rupees.<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<h3><b>Account Title<\/b><\/h3>\n<\/td>\n<td>\n<h3><b>Debit (\u20b9)<\/b><\/h3>\n<\/td>\n<td>\n<h3><b>Credit (\u20b9)<\/b><\/h3>\n<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Cash<\/span><\/td>\n<td><span style=\"font-weight: 400;\">10,00,000<\/span><\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Accounts Receivable<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5,00,000<\/span><\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Equipment<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7,00,000<\/span><\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Accounts Payable<\/span><\/td>\n<td>&#8211;<\/td>\n<td><span style=\"font-weight: 400;\">2,00,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Revenue<\/span><\/td>\n<td>&#8211;<\/td>\n<td><span style=\"font-weight: 400;\">8,00,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Expenses<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4,00,000<\/span><\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td><b>Total<\/b><\/td>\n<td><b>26,00,000<\/b><\/td>\n<td><b>10,00,000<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><b>Analysis:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><b>Debits Total:<\/b><span style=\"font-weight: 400;\"> \u20b926,00,000<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Credits Total:<\/b><span style=\"font-weight: 400;\"> \u20b910,00,000<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In this unadjusted trial balance, the totals for debits and credits are not equal, indicating there may be errors that need correcting.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What-is-the-Purpose-of-a-Trial-Balance\"><\/span>What is the Purpose of a Trial Balance?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>A trial balance serves several key purposes:<\/strong><\/p>\n<h3><b>1. Detecting Errors<\/b><\/h3>\n<p><b> <\/b><span style=\"font-weight: 400;\">It helps identify mathematical errors in the ledger by ensuring that the total debits equal the total credits. Discrepancies can indicate errors that need to be investigated and corrected.<\/span><\/p>\n<h3><b>2. Financial Statement Preparation<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The adjusted trial balance serves as the foundation for preparing financial statements such as the balance sheet, <a href=\"https:\/\/razorpay.com\/blog\/business-banking\/income-statement\/\">income statement<\/a>, and <a href=\"https:\/\/razorpay.com\/blog\/business-banking\/cash-flow-statement\/\">statement of cash flows<\/a>. By providing the final balances of all general ledger accounts, the adjusted trial balance ensures the accuracy and completeness of these reports.<\/span><\/p>\n<h3><b>3. Summarizing Activities<\/b><\/h3>\n<p>Trial balance collects and presents the final balances of all general ledger accounts in a single document. This aggregation provides a comprehensive overview of a company&#8217;s financial activities during a specific period.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Types-of-Trial-Balance\"><\/span>Types of Trial Balance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There are three primary types of trial balances, each serving a distinct purpose.<\/span><\/p>\n<h3>1. The Unadjusted Trial Balance<\/h3>\n<ul>\n<li>The unadjusted trial balance is a financial statement that summarizes the balances of all general ledger accounts before any adjusting entries are made.<\/li>\n<li>It provides a snapshot of the company&#8217;s financial position at a specific point in time, typically the end of an accounting period.<\/li>\n<li>The unadjusted trial balance is used to ensure that the ledger is balanced and to identify any discrepancies that need to be addressed through adjusting entries.<\/li>\n<\/ul>\n<h3>2. The Adjusted Trial Balance<\/h3>\n<ul>\n<li>The adjusted trial balance is a financial statement that lists the general ledger account balances after all adjusting entries have been made.<\/li>\n<li>It reflects the company&#8217;s financial position after accounting for accruals, deferrals, and other necessary adjustments.<\/li>\n<li>The adjusted trial balance is essential for preparing accurate financial statements, such as the income statement and balance sheet.<\/li>\n<\/ul>\n<h3>3. The Post-Closing Trial Balance<\/h3>\n<ul>\n<li>The post-closing trial balance is a financial statement that lists the balances of all general ledger accounts after closing entries have been made.<\/li>\n<li>It ensures that the total debits equal the total credits, resulting in a net zero balance. This indicates that all temporary accounts (revenue, expense, dividends) have been properly closed, preparing the way for the next accounting period.<\/li>\n<li>The post-closing trial balance is typically compiled at the end of the accounting period, following the completion of all closing entries.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Adjusted-Trial-Balance-Example\"><\/span><b>Adjusted Trial Balance Example<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"flex max-w-full flex-col flex-grow\">\n<div class=\"min-h-[20px] text-message flex w-full flex-col items-end gap-2 break-words [.text-message+&amp;]:mt-5 overflow-x-auto whitespace-pre-wrap\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"6be3e99e-ebf5-4853-ad43-20afae7b7de2\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p>An adjusted trial balance is prepared after adjusting entries are made at the end of an accounting period. This ensures that all accounts reflect accurate balances, allowing for the preparation of financial statements.<\/p>\n<p><strong>Here\u2019s a detailed example to illustrate how an adjusted trial balance is created and used in financial reporting.<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"mt-1 flex gap-3 empty:hidden -ml-2\">\n<div class=\"items-center justify-start rounded-xl p-1 flex\">\n<div class=\"flex items-center\">\n<div class=\"flex items-center pb-0\">\n<div class=\"[&amp;_svg]:h-full [&amp;_svg]:w-full icon-md h-4 w-4\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<table>\n<tbody>\n<tr>\n<td>\n<h3><b>Account Title<\/b><\/h3>\n<\/td>\n<td>\n<h3><b>Debit (\u20b9)<\/b><\/h3>\n<\/td>\n<td>\n<h3><b>Credit (\u20b9)<\/b><\/h3>\n<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Cash<\/span><\/td>\n<td><span style=\"font-weight: 400;\">10,00,000<\/span><\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Accounts Receivable<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5,00,000<\/span><\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Equipment<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7,00,000<\/span><\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Accounts Payable<\/span><\/td>\n<td>&#8211;<\/td>\n<td><span style=\"font-weight: 400;\">2,00,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Revenue<\/span><\/td>\n<td>&#8211;<\/td>\n<td><span style=\"font-weight: 400;\">8,00,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Expenses<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4,00,000<\/span><\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Adjustments<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2,00,000<\/span><\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td><b>Total<\/b><\/td>\n<td><b>28,00,000<\/b><\/td>\n<td><b>28,00,000<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><b>Analysis:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><b>Debits Total:<\/b><span style=\"font-weight: 400;\"> \u20b928,00,000<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Credits Total:<\/b><span style=\"font-weight: 400;\"> \u20b928,00,000<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In this adjusted trial balance, the totals for debits and credits are now equal, showing that the bookkeeping entries have been adjusted correctly. This balance will be used to prepare the financial statements.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How-Does-a-Trial-Balance-Work\"><\/span>How Does a Trial Balance Work?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A trial balance is worked by listing all the ledger account balances into two columns: <strong>debits<\/strong> and <strong>credits<\/strong>. <\/span><\/p>\n<h3><b>STEP 1: Ledger Balances are Compiled<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">At the end of a reporting period, all ledger account balances are compiled.<\/span><\/p>\n<h3><b>STEP 2: Debits and Credits are Listed<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Each ledger balance is entered into the trial balance worksheet under the appropriate debit or credit column.<\/span><\/p>\n<h3><b>STEP 3: Totals are Calculated<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The totals of both the debit and credit columns are calculated.<\/span><\/p>\n<h3><b>STEP 4: Totals are Compared<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The totals of debits and credits are compared to ensure they match.<\/span><\/p>\n<h3>STEP 5: Discrepancies are Reviewed<\/h3>\n<p><span style=\"font-weight: 400;\">If the totals match, it indicates that the mathematical aspect of the bookkeeping is correct. If not, discrepancies are investigated.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Limitations-of-a-Trial-Balance\"><\/span>Limitations of a Trial Balance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><b>1. Errors with Incorrect Amounts<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The trial balance may not detect errors when a journal entry has incorrect amounts recorded in both the debit and credit accounts. Since the debits and credits still balance, this type of error can go unnoticed.<\/span><\/p>\n<h3><b>2. Errors of Omission<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">If transactions are not recorded in the journal at all, these omissions will not be reflected in the trial balance. Consequently, a trial balance that is mathematically correct may still fail to identify such missing transactions.<\/span><\/p>\n<h3><b>3. Unrecorded Journal Entries<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Any missing journal entries in the ledger will not appear in the trial balance. This makes it difficult to identify transactions that were not recorded and could lead to incomplete financial information.<\/span><\/p>\n<h3><b>4. Misallocation of Amounts<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The trial balance cannot identify errors where correct amounts are recorded under the wrong accounting categories. Misclassifications of entries can still result in a balanced trial balance, thus failing to highlight these allocation mistakes.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How-is-Trial-Balance-Different-from-a-Balance-Sheet\"><\/span>How is Trial Balance Different from a Balance Sheet?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A trial balance is a preliminary step in preparing a <a href=\"https:\/\/razorpay.com\/learn\/business-banking\/balance-sheet\/\">balance sheet<\/a>. It provides a summary of general ledger account balances, while a balance sheet presents a comprehensive overview of a company&#8217;s financial position including assets, liabilities, and equity.<\/p>\n<p><strong>Here&#8217;s how they Differ:<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<h3><b>Aspect<\/b><\/h3>\n<\/td>\n<td>\n<h3><b>Trial Balance<\/b><\/h3>\n<\/td>\n<td>\n<h3><b>Balance Sheet<\/b><\/h3>\n<\/td>\n<\/tr>\n<tr>\n<td><b>Purpose<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Verifies that total debits equal total credits and detects errors<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Provides a snapshot of financial position<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Timing<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Is prepared periodically, before financial statements<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Is prepared at the end of an accounting period<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Content<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Lists all ledger balances in debit and credit columns<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Categorizes into assets, liabilities, and equity<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Format<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Is simple with two columns (debits and credits)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Is organized into sections with detailed categories<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Use<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Is used for internal accuracy checks and adjustments<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Is used to assess financial health and position externally<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In conclusion, the trial balance is a fundamental tool in the accounting process, playing a crucial role in ensuring the accuracy and integrity of financial records. While it may not uncover every potential error, it is a critical step in the accounting cycle that helps ensure the reliability of financial statements, which in turn supports informed decision-making by stakeholders and compliance with financial reporting standards.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><b>FAQs<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3>1. What is the purpose of preparing a trial balance?<\/h3>\n<p>A trial balance ensures debits equal credits to verify accounting accuracy and identify errors before preparing financial statements.<\/p>\n<h3>2. How often is a trial balance prepared in accounting?<\/h3>\n<p>Trial balances are prepared periodically (e.g., monthly, quarterly, annually) to ensure accurate financial records.<\/p>\n<h3>3. What happens if the trial balance doesn\u2019t balance (total debits don&#8217;t equal total credits)?<\/h3>\n<p>If a trial balance doesn&#8217;t balance, it indicates errors in accounting records. Investigate and correct discrepancies to ensure accurate financial statements.<\/p>\n<h3>4. Is a trial balance a financial statement?<\/h3>\n<p>No, A trial balance verifies accounting accuracy. It&#8217;s a bookkeeping tool, not a financial statement.<\/p>\n<h3>5. What are the main types of errors found in a trial balance?<\/h3>\n<p>Trial balance errors include omissions, incorrect amounts, misallocations, and violations of accounting principles.<\/p>\n<h3>6. What is the difference between a general ledger and a trial balance?<\/h3>\n<p>A general ledger records all financial transactions, while a trial balance summarizes account balances to verify accuracy.<\/p>\n<h3>7. Does a balanced trial balance guarantee accurate financial statements?<\/h3>\n<p>A balanced trial balance doesn&#8217;t guarantee accurate financial statements. It checks math, but errors like omissions or misallocations may still exist.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is a Trial Balance? A trial balance is a financial worksheet that lists all the balances of general ledger accounts in a company&#8217;s bookkeeping system. It&#8217;s essentially a summary of all the debits and credits in a company&#8217;s accounts at a specific point in time, typically at the end of a financial year. Trial<\/p>\n","protected":false},"author":151156615,"featured_media":13664,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1387],"tags":[],"class_list":{"0":"post-12875","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-payments"},"_links":{"self":[{"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/posts\/12875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/users\/151156615"}],"replies":[{"embeddable":true,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/comments?post=12875"}],"version-history":[{"count":11,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/posts\/12875\/revisions"}],"predecessor-version":[{"id":14042,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/posts\/12875\/revisions\/14042"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/media\/13664"}],"wp:attachment":[{"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/media?parent=12875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/categories?post=12875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/learn.razorpay.in\/learn\/wp-json\/wp\/v2\/tags?post=12875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}