Define Trail Balance. What is the difference between Trail Balance & Balance Sheet ?

The trial balance is an internal document-it stays in the accounting department. It is a listing of all of the accounts in the general ledger (balance sheet accounts and income statement accounts) and their respective balances as of a specified point in time, such as June30,2006. The purpose of the trial balance is to document that the total amount of account balances with debit balances is equal to the total of amount of account balances with credit balances. The balance sheet is a financial statement that reports the dollar amounts of assets, liabilities, and stockholders' equity at a specified point, such as June30,2006. Since it is a financial statement, it will be distributed outside of the accounting department. As a result, it should be prepared in accordance with generally accepted accounting principles. (Often the balance sheet accounts in the general ledger are summarized and combined so that the resulting balance sheet is only20 -30 lines in length.)trial balance consist of addition and subtraction of assets, liabilities and owner's equity. Meaning the additional and subtraction of unadjusted trial balance and adjustments

Statement for all ledger accounts & its balance.
balancing it sides is sign clear that its balance of accounts are true but not final evidence that it hasn't mistakes.

Trial balance is a statement ,it is prepared only for ensuring arithmatical accuracy ,we have to ensure arithmatical accuracy before preparing profit and loss account and balancesheet,it means double entry ,every debit balance has equal credit balance balance sheet shows financial position of the company ,how much assets and liabilities we have

Trial balance is comprises of Balance sheet & Profit & Loss account, while Balance Sheet is the position of company financial assets & liabilities at the given date.

Trial balance is a listing of all general ledger accounts with their balances.
It is used to check that total debits equal total credits.
If not, then there is an error in the books that needs to be corrected.
Trial balance includes all accounts that don't have a zero balance, whether the account is an asset, liability, capital, income, or expense while the balance sheet only contains asset, liability, and equity accounts.
The setup of the trial balance also differs from the balance sheet.
The trial balance has three columns.
One column has the account titles.
The second column has debit balances.
and the third column has credit balances.
At the bottom, the totals of the debit column and the totals of the credit column are shown.
On the other hand, the balance sheet has two sections: One section contains the assets with their balances.
The other section contains the liability and capital (equity) accounts with their balances.
The two sections' totals must equal.
That is: total assets equal total liabilities and owner's equity.
(Note that assets have a debit balance and liability and equity accounts have a credit balance.

Trial Balance is not a part of double account system, it is just a statement which shows that the balances of the accounts and their equallity.
but the balance sheet is the final report of the company, which is more importanat and shows only assests and liabilities not all accounts.

Trial Balance Trial Balance is a sheet/list which is used to determine the arithmetical accuracy of the accounts of the company.
Balance Sheet While Balance Sheet is one of the important Financial Statements.
It shows the financial position of the company on a particular point of time.
That is Assets and Liabilities.
It also reflects the Accounting equation.

Trial balance is a tool for listing all accounts in the records even permanent or temporary accounts, while the statement of financial position includes permanent accounts only (assets, liabilities and owners equity)

Atrial balance is the an arithmetic statement showing the accuracy of given ledger accounts in a given period while a balance sheet is a report mainly showing the assets of company in a given period of time.

The trial balance is the complete list of detailled accounts of the company  or business which include the starting balance , the movements , and the final balance amounts for the year or the period. It is the source for establishing the balance sheet, which is  only the contracted forn of the trial balance. the balance sheet shows the final amounts and is set by category of accounts . 

Trial balance is a list of ledger account balances.it is mainly prepared to check the arithmetical accuracy of ledger accounts.
A trial balance is an internal report that will remain in the accounting department.
It is a listing of all of the accounts in the general ledger and their balances.
However, the debit balances are entered in one column and the credit balances are entered in another column.
Each column is then summed to prove that the total of the debit balances is equal to the total of the credit balances.
A balance sheet is one of the financial statements that will be distributed outside of the accounting department and is often distributed outside of the company.
The balance sheet is organized into sections or classifications such as current assets, long-term investments, property, plant and equipment, other assets, current liabilities, long-term liabilities, and stockholders’ equity.
Only the asset, liability, and stockholders’ equity account balances from the general ledger or from the trial balance are then presented in the appropriate section of the balance sheet.
Totals are also provided for each section to assist the reader of the balance sheet.
The balance sheet is also referred to as the statement of financial position or the statement of financial condition.