# Trial Balance

The trial balance is a financial statement that provides a summary of the balances of all accounts in the general ledger. It helps verify the accuracy of the accounting records by ensuring that the total debits equal the total credits. Here's a user guide to understand the components of a trial balance:

1. Account Name: This column lists the names of the accounts from the general ledger. Each account represents a specific category, such as assets, liabilities, equity, revenues, or expenses.
2. Debit Total: The Debit Total column shows the total amount of debits for each account. Debits are entries that increase assets and expenses or decrease liabilities and equity.
3. Credit Total: The Credit Total column displays the total amount of credits for each account. Credits are entries that increase liabilities and equity or decrease assets and expenses.
4. Balance: The Balance column represents the difference between the debit total and credit total for each account. It indicates whether the account has a debit balance (if the debit total is higher) or a credit balance (if the credit total is higher).

To view the trial balance, select the desired date range (start and end dates) to generate the trial balance for that specific period. The trial balance is typically prepared at the end of an accounting period, such as a month, quarter, or year.

Reviewing the trial balance helps identify any errors or discrepancies in the general ledger. If the debits and credits do not balance, it indicates that there may be mistakes in the accounting entries that need to be corrected.

By examining the trial balance, accountants can ensure the accuracy and integrity of the financial statements that are prepared based on this information.

Please note that the trial balance does not provide detailed transaction information but rather summarizes the balances of accounts.
