Order in the court: The Trial Balance

Now there's the rub. We have been used to the saying that "the accounts must be balanced".  Yes it's true, we have to balance the accounts, but what particularly? Hey, we have the debit and the credit as what someone would say.  We have heard the trial balance and that is particularly one of the tools to determine whether the debits and credits of what we posted on the ledgers are correct (although it may not be true always that there's no error if the trial balance is balance).  To those persons who are not yet familiar with the trial balance try to look at our example:

	Blogger Enterprise
	TRIAL BALANCE
	December 31, 2011
ACCOUNTS			DEBIT		CREDIT
Cash			40,100
Office Equipment			21,500
Accounts Payable					5,700
Blogger, Capital					57,800
Blogger, Drawing			8,400
Fees Earned					46,350
Salary Expense			18,000
Rent Expense			13,250
Communication Expense			2,150
Utilities Expense			2,900
Supplies Expense			1,350
Taxes and Licenses			1,200
Miscellaneous Expense			1,000
			109,850		109,850