What is difference between trail balance and adjusted trail balance?

The major differences between trail balance and adjusted trail balance are as follows −

Trail balance

• Ledger account balance complied without any period-end adjustments.

• It is prepared first.

• It is account balances.

• To check the arithmetical accuracy of ledger.

• Checkbooks of accounts are balanced.

• It is less accurate.

• Only one version prepared.

• It is prepared in columnar format.

Adjusted trail balance

• It is compiled after necessary adjustments are made at the close of the accounting period.

• It is prepared after the unadjusted trail balance is prepared.

• It includes necessary adjustments.

• To check the accounting accuracy of the books of accounts.

• Adjustments are made according to accounting standards and principles.

• It is more accurate.

• It can have multiple versions.

• It has a columnar format with additional columns for adjustments.