A trial balance

Question

A trial balance

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A trial balance is a list of accounts and their balances at a particular point in time. It is prepared at the end of an accounting period to ensure that the total debit balances equal the total credit balances, indicating that the accounting equation is in balance. The accounts are typically listed in order of their appearance in the general ledger, not in alphabetical order, and debit balances are shown in the left column while credit balances are shown in the right column. The frequency of preparing a trial balance may vary, but it is typically done at the end of each accounting period, which could be monthly, quarterly, or annually.

A Trial Balance