1 Pittsburgh Pirates (9800-9446 W-L, 1891 - 2015) - 5 World Championships, 9 Pennants, and 17 Playoff Appearances. 2  Pittsburgh Alleghenys (441-617 W-L, 1882 - 1890). 3  Overall (10241-10063 W-L, 1882 - 2015) - 5 World Championships, 9 Pennants, and 17 Playoff Appearances.
$217,014. The totals of an adjusted trial balance must be equal. Any difference indicates that there is some error in the journal entries or in the ledger or in the calculations. The next step of accounting cycle is the preparation of closing entries. Written by Irfanullah Jan.
Purpose of a Trial Balance. 1  Trial Balance acts as the first step in the preparation of financial statements. 2  Trial balance ensures that for every debit entry recorded, a corresponding credit entry has been recorded in the books in accordance with the double entry concept of accounting. If the totals of the trial balance do not agree, the differences may be investigated and resolved before financial statements are prepared.