Post by MS INYOFU (@theconscience)

Trial Balance: What It Really Represents

A Trial Balance isn’t a financial statement - it’s a checkpoint. It simply lists all ledger balances to ensure your debits equal credits. When the TB balances, it doesn’t guarantee the books are error-free, but it confirms that postings followed the double-entry rule. It’s your early warning system before preparing financial statements. Businesses that skip TB often end up with distorted reports.

0 likes · 0 comments · 0 shares