Trial balance

Okay, so imagine we're playing a game of blocks, and we have a bunch of red blocks and a bunch of blue blocks. We want to make sure that we have the same number of red and blue blocks, so every time we add a red block, we add a blue block too.

A trial balance is like that! It's a list of all the money coming into and going out of a person or a company's account. It's like a big game of adding and subtracting money to make sure that everything adds up correctly.

Just like adding blocks, we add up all the money that we get from people paying us, and we add in any other money we receive for other reasons. We call this "debits."

Then, we look at all the money we spent on things like rent, employees, and merchandise. We call this "credits."

Once we add everything up, we compare the debits and credits to make sure they're equal. Just like with our blocks, we want to make sure we have the same amount of money coming in as going out.

If everything matches up perfectly, then we're good to go! But if something doesn't add up, we have to investigate and see what went wrong.

So basically, a trial balance is like a big math game where we add and subtract money to make sure everything is correct.