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* A trial balance is a working document used by accountants as the basis to prepare financial statements.
* The purpose of the trial balance is to ensue that for every debit listed there is a corresponding credit recorded.
* If the totals do not balance , an investigation may be made.
Trial Balance proves the arithmetic accuracy of the ledger entry, and it is a useful tool for checking the accounting entries prior to doing the period-end processing. Also, it reflects all the activity for an account or accounts within a selected date range.
