Concept:A trial balance is a statement that lists the balances of all ledger accounts on a particular date to check arithmetical accuracy.
Explanation:A trial balance is prepared by taking the closing balance of every ledger account and arranging them under debit and credit columns.
It does not show all the entries in the books, because individual transactions are recorded in journals and ledgers first.
Therefore, option A is not correct.
It does not reveal the financial position of a business; that is shown by the balance sheet.
Thus, option B is not correct.
It is not a special account, since it is only a summary statement of balances.
So, option D is not correct.
The correct definition is that a trial balance is a list of accounting balances appearing in the books.
Answer:C. It is a list of accounting balances on the books