A trial balance is a ________

A. Ledger

B. Journal

C. Account

D. List

Answer: Option D

Solution(By Examveda Team)

Trial balance is a list of ledger accounts balances, showing debit balances and credit balances, separately on a certain date. Trial balance is only a statement not an account. Every transaction has equal debit and credit aspects so that the trial balance possesses equal debit and credit balances. Preparing trial balances periodically will help you to fix errors as soon as it happens.