A trial balance summarizes all the data from the account ledgers to verify that they are correct and balanced.
A trial balance refers to a worksheet or rather say a bookkeeping worksheet that consists of all the balance of all ledgers. They are compiled in form of the debit and credit account column totals that are almost equal.
A company charts down a trial balance at a definite period of time, usually at the last of every reporting period.
It helps to verify if they are correct and balanced.
Ledger Account is a journal wherein the company records and regulate the data related to all types of the transactions and financial statement.
To learn more about account here
brainly.com/question/22917325
#SPJ4
