Both Unadjusted and Adjusted Trial Balance is essential to accountants and auditors. These two types of trial balance are beneficial for their respective functions. A trial balance is the statement of the balance of all nominal accounts in a double entry ledger. A trial balance may contain revenues and expenses as well as assets and liabilities, but the most important thing is for you to have both sides of the ledger balanced. Unadjusted trial balance is the one used when all the elements in terms of income and expenditure have not been entirely determined, some might be determined early, while it may take too much time to determine some. Unadjusted trial balance is more or less an initial or prior accounting made before the idea one comes. Adjusted trial balance, on the other hand, is prepared after all adjustments or after all entries have been entirely determined. This is mostly used to determine the total net loss or profit generated.