Q.Trial balance is prepared :

A trial balance contains the balances of all ledger accounts — personal, real and nominal — to verify that total debits equal total credits.

A trial balance is a statement prepared with the debit and credit balances of all ledger accounts on a particular date. Its purposes are:

• To check the arithmetical accuracy of the ledger postings (total of debit balances = total of credit balances).
• To provide a basis for preparing the final accounts. …

A trial balance is a statement of the debit and credit balances of all ledger accounts prepared as on a particular date — option (a).

Key points:

• A trial balance is not an account; it is a statement that lists every ledger account's balance in a debit column or a credit column.
• It is prepared as on a specific date — typically the last day of the accounting period (e.g. as on 31st March 2022) — because it captures the balances standing in the ledger at that instant. …