Prepare trial balance

Trigger: The period-end financial close schedule dictates the aggregation of all ledger account balances.

1. Extract account balances from the general ledger
2. Calculate the sum of all debit and credit balances
3. Compare total debits to total credits to identify discrepancies
4. Investigate unmatched or erroneous account balances
5. Post adjusting journal entries to correct imbalances
6. Generate the final adjusted trial balance report

Outcome: An adjusted and verified trial balance is finalized for use in generating financial statements.