Question

Please answer this...​

Answer 1

Answer:

The trial balance is a report run at the end of an accounting period, listing the ending balance in each general ledger account. ... For example, an accounts payable clerk records a $100 supplier invoice with a debit to supplies expense and a $100 credit to the accounts payable liability account.The four basic steps to developing a trial balance are:

Prepare a worksheet with three columns. ...

Fill in all the account titles and record their balances in the appropriate debit or credit columns.

Total the debit and credit columns.

Compare the column totals