Purpose of a Trial Balance?

Answer

The purpose of a trial balance is to check the mathematical/arithmetic accuracy of accounting. It is arrived at after balancing all the ledger accounts at a particular instance and then preparing a statement of balances. Debit amount, credit amount, particulars and ledger folio are some of the details incorporated in the common format of a trial balance.
1 Additional Answer
A trial balance is a ledger account statement that balances with a Ledger, at a specific instance. The main and only purpose of a trial balance is to check the arithmetical accuracy of accounting.
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