Should Trial Balance And General Ledger Match

Yes, because all the ledger accounts’ closing balances for the accounting period are finally transferred to Trial balance. so, it should match otherwise, either ledger accounts or Trial Balance is not prepared correctly with accuracy. It is to be noted eventhough the total of debit side is equal to the total of credit side in a trial balance, but still there are certain types of hidden mistakes, errors or frauds that does not show trial balance and these errors are detected only by considering Books of Accounts such as Journal and Ledger.

By preparing revised T Accounts or Ledger Accounts of Different Types of Accounts, we can find out these types of secret errors such as compensatory errors, Errors of Principle, etc. and then treat accordingly to solve the problem.