unadjusted trial balance

1. Fundamentals of
Accountancy, Business &
Management 1
Prepare a Trial balance
(service business)
Learning Objective: The learners are able to Prepare a Trial
Balance.

2. The trial balance is a list of all accounts
with their respective debit and credit
balances.

3. Steps in preparing Trial Balance
1. Indicate in the heading (centered) the details of the trial
balance (name of the business, the term “Trial Balance”, and
the date).
2. List the open accounts and their balances.
3. Total the debit and credit columns.
4. Double rule the total of the debit and credit columns. It
means that you must put two lines after the amounts have
been equaled and balanced
❖ The accounts are listed in the same manner they
appear in the ledger.

4. Example of a trial balance:
• The account titles are arranged
based on their order in the
chart of accounts, starting
from the asset accounts to
expense accounts.
• The total debit balance and
credit balance are equal.
• Accounts Receivable was
skipped because it has zero
balance. The peso sign shall
only be seen on the first figure
of debit and credit columns,
and on the total amounts.
• Take note that the debit and
credit balances per account are
in their normal account
balances.
• Total must be double ruled.

11. (unadjusted)