Trial Balance shows the total closing balanced amounts of all the ledger accounts for the specific period i.e. for a month, for a quarter, for a six month, and for a whole year. it is the end of the accounting process. In the double-entry accounting system, there is always the same amount of the Credit corresponding to every Debit. so, Total of trial balance always is equal if not then there is an error the in the posting of the transactions.
Chapter No. 13 – Trial Balance – T.S. Grewal 11 Class – Book Solution
T.S. Grewal’s Double Entry Book Keeping