A trial balance is prepared in the order of:

• a.)
• Balance sheet accounts (assets from most liquid to least liquid)
• Liabilities (short term followed by long term)
• Owner's equity/owner's drawings/retained earnings
• Income statement accounts (revenue, expenses)
• Sum of debits and sum of credits
• b.)
• Income statement accounts (revenue, expenses)
• Owner's equity/owner's drawings/retained earnings
• Balance sheet accounts (assets from most liquid to least liquid)
• Liabilities (short term followed by long term)
• Sum of debits and sum of credits
• c.)
• Income statement accounts (revenue, expenses)
• Balance sheet accounts (assets from most liquid to least liquid)
• Liabilities (short term followed by long term)
• Owner's equity/owner's drawings/retained earnings
• Sum of debits and sum of credits
• d.)
• Balance sheet accounts (assets from least liquid to most liquid)
• Liabilities (short term followed by long term)
• Income statement accounts (revenue, expenses)
• Owner's equity/owner's drawings/retained earnings
• Sum of debits and sum of credits