A trial balance is prepared with the following objectives.
To ascertain the arithmetical accuracy of ledger accounts:
A trial balance is prepared to check the arithmetical accuracy of ledger accounts.
Completion of double entry:
It proves that both aspect of each transaction are recorded. If totals of both sides are equal, it is believed that the records are complete and reasonably trustworthy.
Ledger account balances:
It is a consolidated statement of balances of accounts on a certain date to facilitate preparation of final accounts and balance sheet therefrom.