PURPOSE OF TRIAL BALANCE

we can say that there are two main purpose of a trial balance.
1- To prove the equality of debit and credit in the ledger.
2-To summarize the information of ledger for preparation of financial statement.
Finally the debit-credit or credit-debit plan result in the following normal debit balance of accounts related to:
Debit Balance of accounts related to:                    Credit balance of Accounts related to:
Assets                                                                   Contra assets
Expenses                                                               Liabilities
Prepaid expenses                                                  Capital
Drawings                                                              Revenue/Income

In the chart of the statement the balance of all the accounts are posted in their respective debit or credit columns.If any account posses debit credit column.As it is prepared on a certain date at the end of a period,therefore,date is mentioned in its heading.