Question

when is trail balance prepared​

Answer 1

Ans:-

A trial balance is a listing of the ledger accounts and their debit or credit balances to determine that debits equal credits in the recording process.

Although you can prepare a trial balance at any time, you would typically prepare a trial balance before preparing the financial statements.

Answer 2

Answer:

company prepare trial balance periodically usually at the end of every reporting period the general purpose of producing a trial balance is to ensure the entries in the company bookkeeping system are mathematically correct