The Information For Preparing A Trial Balance On A Worksheet Is Obtained From
Preparing A Trial Balance (TB) On A Worksheet The information for preparing a Trial Balance on a worksheet is obtained from General Ledger Accounts as from ledger account balances, we prepare trial balance which shows the equality of total of debits and total of credits amounts of different types of accounts. Debit accounts are assets and expenses while credit accounts are liabilities, equity and revenues on a TB. Both Ledgers and TB are the Steps of Accounting Cycle and linked with each other, i.e., after preparing ledger accounts, the next step of accounting cycle is to prepare trial balance from ledger accounts to show arithmetical accuracy of books of accounts.