Why is Trail Balance prepared?

TRAIL BALANCE presents the true picture of company assets , liabilities , income , expense .

This to detect any error it may happen during the entry accountant system and to ensure the arithmetic accuracy of the debit and credit ledger balances in the books of accounts. 

Trial Balance is the only document whcih shows any time the balances of Accounts which extracted from ledger , also useful for preparation of Financial Statement as well.

Preparing a trial for a company serves t o detect any mathematical errors that have occurred in the double entry accounting system.

Trial Balance is prepared to check wether entries are mathematically correct or not.

therefore if the debit and credit side are equal in balance that meas we have recorded entries in general ledgers correctly, incase trail balance shows the difference in debit and credit side it means there is mathematic error in ledger.

Its main purpose is to allow you to catch any accounting errors and then make any necessary adjustments,so that your financial statements are completely accurate.

Brother, the purpose of Trial Balance is to ensure that all the debit and credit values tally.

Trailing, through the listh of nominal ledger balances , ensure that accurate balance have been put forward for financial reporting.

If the balances do to tally, that mean error need to be found, before Balance sheet and Profit and Loss account is made.

In a nut shell, if recoding is proper and accurate (e.g no transposition error, omisison error, in correct posting etc)... the trail balance is a good tool to ensure double entry has been properly.

IT IS PREPARTED PRIOR FINANCIAL STATEMENTS PREPERATION