Trial balance is a listing of account balances in a ledger. Trial balances are used to see if the dollar value of the accounts with debt balances is equal o the dollar value of he accounts with credit balances.
Steps of making a trial balance:
Step 1: Write a heading, trial balance and the date
Step 2: List all the accounts and their balances
Step 3: Place the debit balances in a debit column and the credit balances in a credit column
Step 4: Add up the column
Step 5: Double check if the columns total are the same, if yes then double underline and a rule line on top, if the columns do not add up then try to find your mistake
acc 11. 