Trial balance
Sidrah, we believe that your concern is related to the meaning of Trial Balance.
A trial balance is a statement prepared with debit and credit balances of ledger accounts to test the arithmetical accuracy of the books. A company prepares a trial balance periodically, usually at the end of every reporting period. The general purpose of preparing a trial balance is to ensure the entries in a company's bookkeeping system are mathematically correct.
However, if you find any other difficulty, then do get back to us. We will help you in the best possible way.
A trial balance is a statement prepared with debit and credit balances of ledger accounts to test the arithmetical accuracy of the books. A company prepares a trial balance periodically, usually at the end of every reporting period. The general purpose of preparing a trial balance is to ensure the entries in a company's bookkeeping system are mathematically correct.
However, if you find any other difficulty, then do get back to us. We will help you in the best possible way.