The statement of turnover and balances (trial balance) is an accounting document presenting all financial operations carried out during a given period on a specific account or group of accounts. It is a key tool for financial analysis and for controlling accounting operations. Key elements: Turnover – includes all inflows (debit) and outflows (credit); debit turnover increases the account balance, credit turnover decreases it. Balances – the final value showing the difference between debit and credit turnover; it can be positive (receivables) or negative (liabilities) and shows the actual state of the account at the end of the reporting period. Accounts – includes all ledger accounts on which turnover was posted during the year. Uses: Financial control – enables close monitoring of the flow of money in the company. Financial analysis – helps identify trends such as excessive spending or insufficient revenue. Basis for reporting – provides the basis for more detailed financial statements, such as the balance sheet or the profit and loss statement.