what is the meaning of the term trial balance
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A trial balance is a bookkeeping worksheet in which the balance of all ledgers are compiled into debit and credit account column totals that are equal. A company prepares a trial balance periodically, usually at the end of every reporting period
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it is a statement prepared with debit and credit balances of the ledger account to test the airthmetical accuracy of the books..... it is a summary of each account
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