Answer
It is not necessary to take be taken periodically. However, it is recommended since we are able to test out the accuracy of our entries and are able to obtain a list of ledger accounts and usable balances.
Work Step by Step
It is not a mandatory to take a trial balance, but it may be desirable to do so. By recording credits and debits a trial balance confirms or troubleshoots the integrity of the ledger accounts. Secondly, an accountant can utilize the resultant ledger accounts and balances during the preparation of financial statements.
