Although a trial balance can be taken at any time, the most common time is at the end of the accounting period.

Question

Quizplus · Accepted Answer

The trial balance is most commonly taken at the end of the accounting period in order to ensure that the debits and credits in the accounts are equal and to facilitate the preparation of financial statements. However, it can technically be taken at any time during the accounting period.

Although a Trial Balance Can Be Taken at Any Time