A trial balance is a list of all of the ledger accounts of a company with their balances at a point in time.

Name: A trial balance is a list of all of the ledger accounts of a company with their balances at a point in time.
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A trial balance is a list of all of the ledger accounts of a company with their balances at a point in time. It is used to ensure that the total debits of all accounts equal the total credits of all accounts, which is a key step in preparing financial statements.

A Trial Balance Is a List of All of the Ledger