in a sentencial form give me 10 functions of trial balance
jss note
1. To ensure the accuracy of the accounting records.
2. To detect errors in recording transactions.
3. To ensure that debits equal credits in the accounting system.
4. To prepare financial statements such as the income statement and balance sheet.
5. To identify any discrepancies or irregularities in the accounts.
6. To facilitate the reconciliation of accounts.
7. To provide a snapshot of the company's financial position at a given point in time.
8. To help in the auditing process by providing a starting point for the auditors.
9. To assist in the identification of posting errors.
10. To assist in the preparation of tax returns.