Explanation:

- Option 1: No, there are some times good reason why they differ.

- Half correct: While temporary differences might occur due to timing or data entry errors, a well-prepared trial balance should ultimately balance.

- Option 2: Yes, always.

- Incorrect: In theory, the trial balance should balance but sometimes errors may not cause an imbalance.

- Option 3: Yes, except where the Trial Balance is extracted at the year end.

- Incorrect: The trial balance should always balance if all entries are correct, regardless of the time of year.

- Option 4: No, because it is not a Balance Sheet.

- Incorrect: Despite not being a Balance Sheet, the trial balance should still balance as it is a check of ledger balances.

The correct answer is:

- Yes, always. (Option 2)

- A correctly prepared trial balance should balance if there are no errors.