Which of the following statements is ?

A) If the trial balance is in balance, it proves that no errors have been made in recording and posting transactions.
B) The trial balance is a book of original entry.
C) Another name for the trial balance is the chart of accounts.
D) The trial balance is a list of all accounts from the ledger with their balances at a point in time.
E) The trial balance is another name for the balance sheet as long as debits balance with credits.

The statement that correctly describes the trial balance is D, as it defines the trial balance as a list of all accounts from the ledger with their balances at a specific point in time. A is incorrect because a balanced trial balance does not guarantee that all transactions have been recorded or posted correctly. B is incorrect because the trial balance is not a book of original entry, but a tool used to verify the accuracy of postings from the ledger. C is incorrect because the chart of accounts is a separate listing of accounts used to organize the accounting system. E is incorrect because the trial balance is not the same as the balance sheet, which is a financial statement that reports the company's assets, liabilities, and equity at a specific point in time.